We added two separate NAR data pages, one for existing home sales and one for pending home sales. The pending home sales page shows an index; the existing home sales page shows a seasonally adjusted annual rate. Both show annual figures from 2007 through 2009 and monthly figures going back 12 months.
Today we added a building permits page showing the building permit activity in the city on a monthly and an annual basis. There are also charts showing how building permit activity has changed over the previous period. The page is located here and can also be accessed from the Data Library.
Standard & Poor’s, the research service that publishes the Case-Shiller index of home prices, has said that readers should disregard the seasonally-adjusted data for recent years. The turmoil in the housing market since the beginning of the housing recession has skewed their normal formulas for making seasonal adjustments. Seasonal adjustments are made in order to [...]
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