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Real Intelligence –
In This Issue
Two fronts. By most measures, the economy is on the mend. Does that mean
housing is as well? In his commentary this month, NAR Chief Economist Lawrence Yun Table of Contents
says the answer depends on two potentially big support factors: Jobs and Confidence.
Read more. Real Estate Monitor 2
Making sense of economic data. Lifestyle, family, and the enjoyment of owning Two Fronts 4
one’s own home are important considerations for consumers when deciding to purchase
U.S. Economic Forecast and
a home. Obviously buyers will look at price, availability and trends. But changes in the Outlook Table and Charts 6
economy – and potential changes as well – play a roll in a buyer’s decision. We’re bom-
barded daily with the latest economic data. What economic indicators are the most sig- In Focus:
nificant for real estate and for real estate professionals and their clients? Jed Smith, NAR’s Looking at Key Economic Data 8
Managing Director of Quantitative Research, gives us an overview. Read more. Using NAR Research:
Research Update 10
Keeping “up to date” with Research Update. Beginning in June, another a new Market Intelligence: Single
feature will make its debut in Real Estate Insights. Research Update will be a regular Women Homebuyers 11
column in this newsletter, and will provide information about developments in the
Links to Statistical Tables 13
real estate industry, current NAR Research studies, as well as links to other insightful
information. Meredith Dunn of NAR Research Communications provides a sneak peak Resources From NAR Research 14
at what you will find in Research Update. Read more.
Visit us on the web at
Single Women – A Significant Market. The most recent NAR Profile of Home
Buyers and Sellers indicates that single women account for a significant share of home
buyers. Indeed, these home purchasers represent the second largest share of adult house-
There’s always more
holds who purchase homes. Research Economist Jessica Lautz takes a look at this market
and how single female buyers differ from other home purchasers. Read more. will continue over the next
several months to upgrade
Pending home sales rose in February, showing a healthy gain from January as well and update Real Estate IN-
as from a year ago. NAR’s Pending Home Sales Index, a forward-looking indicator SIGHTS. In the meantime, remember to
based on contracts signed in February, rose 8.2 percent to 97.6 from a downwardly click on the special “For more info” arrow
icons throughout this issue. By clicking on
revised 90.2 in January, and was 17.3 percent above February 2009 when it was 83.2.
this icon when reading INSIGHTS, you can
All regions of the country posted year-over-year gains, and all regions except the West
automatically link to another web site for
registered monthly increases. Read more. more detailed information.