Items Tagged with 'Forecasting'


  • partners with Google to predict housing trends

    Nowcast will predict in real time
    The companies are calling the report a first for the real estate industry, because it combines industry data, proprietary company transactional data and publicly available Google Trends data to predict market trends as they are occurring, instead of waiting weeks to see the findings of other benchmark studies.
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  • NAR Calls Bottom for Existing Home Sales; Pending Sales Increase

    The National Association of Realtors said today that it is expecting existing-home sales to trend upward in 2008. The trade organization's Pending Home Sales Index, a forward-looking indicator based on contracts signed in October, increased 0.6 percent to an index of 87.2 from an upwardly revised reading of 86.7 in September. It was the second consecutive monthly gain registered by the index, but remained 18.4 percent below the October 2006 index of 106.8.
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