Housing Market Trends in the Washington Area
|
|
- Solomon Anderson
- 5 years ago
- Views:
Transcription
1 Housing Market Trends in the Washington Area Mark White, Ph.D. Deputy Director, Center for Regional Analysis Schar School of Policy and Government George Mason University March 1, 218
2 6. U.S. Gross Domestic Product Quarterly Change Real GDP (Billions) $17,5 % $17, $16,5 $16, $15,5 $15, $14,5 $14, $13, $13, Source: Bureau of Economic Analysis (Seasonally Adjusted, Chained 29 Dollars ) %
3 US Payroll Jobs Month-to-Month Change (s) Total (Millions) M Jan +2K Since M Source: Bureau of Labor Statistics (Seasonally Adjusted), GMU Center for Regional Analysis
4 2 U.S. Unemployment U-6 UR LFPR Jan-13 Jan-14 Jan-15 Jan-16 Jan-17 Jan Jan 8.2% Jan 4.1% Jan 62.7% Jan17 to Jan18 U-6-1.2% UR -.7% Source: Bureau of Labor Statistics (Seasonally Adjusted)
5 $1,2 $1, $8 $6 $4 $2 $ Average Weekly Wages Across all Industries QOTYC Average Weekly Wage 4 per. Mov. Avg. (Average Weekly Wage) $7 $6 $5 $4 $3 $2 $1 $ -$1 -$2 -$3 Source: Bureau of Labor Statistics, GMU Center for Regional Analysis
6 Consumer Confidence Current Situation Expectations Jan 217 Cur. = Exp. = 15.5 (1985 = 1) Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Source: The Conference Board, GMU Center for Regional Analysis
7 U.S. New and Existing Home Sales Dec 16 Dec % (s) 7, 6,5 6, 5,5 5, 4,5 4, Existing (Left Axis) New (Right Axis) (s) Dec16- Dec % 77K 3,5 3, 2,5 2, Source: U.S. Census (New)(Seasonally Adjusted Annual Rate), National Association of Realtors (Existing)
8 The Washington Economy
9 Population Change Elements of Population Change Washington MSA 12, 1, 8, 6, 4, 2, -2, -4, 1.9% 1.6% 1.5% 1.1% +1.% +.9% 22,979 5,525 3,827 37,714 38,895 36,749 4,119 42,24 4,581 49,5 49,178 47,773 48,669 46,424 43,886-26,362-29,417-31,1 Net Domestic Migration Net Int'l Migration Natural Increase Source: US Census Bureau, Population Estimates Program, V216
10 11 Annual Job Change - Washington MSA MOTYC Non-Farm Jobs s s 3, ,3 3,2 3,1 3, 2,9 Dec 16- Dec K Source: Bureau of Labor Statistics (Not Seasonally Adjusted), GMU Center for Regional Analysis 2,8 December-17 Total: 3,325 K
11 Employment Composition by Sector December 217 Washington MSA Professional & Business Services Education & Health Services Federal Government State & Local Government Leisure & Hospitality Retail Trade Other Services Construction Financial Activites Information Transportation & Utilities Wholesale Trade Manufacturing 6.1% 4.8% 4.8% 2.2% 2.2% 1.9% 1.6% 11.% 1.3% 1.1% 8.8% 13.9% 22.9% % 5% 1% 15% 2% 25% Source: US Bureau of Labor Statistics, Current Employment Statistics 11
12 (Ranked by Size in 216) Prof. & Bus. Svcs Educ & Health Svcs Federal Govt. State & Local Govt Leisure & Hosp. Retail Trade Other Services Construction Financial Information Transp. & Util. Wlse Trade Manufacturing -5.8 Job Change by Sector Dec 216 Dec 217 Washington MSA (s) Total = 55, Source: Bureau of Labor Statistics (Not Seasonally Adjusted), GMU Center for Regional Analysis
13 (s) Federal Government Washington MSA (s) Dec 16- Dec 17-5,8 MOTYC Total Jobs Source: Bureau of Labor Statistics (Not Seasonally Adjusted), GMU Center for Regional Analysis December-17 Total: 364K
14 $ Billions Federal Procurement in the Washington MSA (Fiscal Years) 82.4 TOTAL = $1,388.5 Billion Source: US Census, Consolidated Federal Funds Report and USAspending.gov
15 Housing Market Trends
16 Thousands Inventories of Existing Homes Month-Over-Year 2 217, MSA % Chg Inv Inventory Jan -9.4% Source: Bright MLS, GMU Center for Regional Analysis. Total monthly inventory includes listings active at the end of the month plus sales during the month.
17 16, Existing Home Sales Washington MSA Through Jan , 12, 1, 12-Month Moving Average 8, 6, 4, 4,636 Jan 218 2, Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis
18 2, 1,5 1, , -1,5-2, Existing Home Sales Washington MSA Month-Over-Year Change -122 Jan 218 Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis
19 3, Washington MSA Building Permits , 3-Month Moving Avg 2,5 2, Jan 1,529 1,5 1, 5 Source: Census Bureau, GMU Center for Regional Analysis
20 4, 35, (s) Inventory and Permits Washington MSA Inventory Permits 4, 3,5 3, 3, 25, 2,5 2, 2, 15, 1,5 1, 1, 5, 5 Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis
21 (s) (s) Median House Sales Price Washington MSA $39 K Jan 218 Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis
22 Median Sales Price Percent Change (MOTYC) Washington MSA Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis
23 % Average Sales Price Percent Change (MOTYC) District of Columbia Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis Jan = $631K
24 Average Sales Price Percent Change (MOTYC) Suburban Maryland % Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis Jan = $369K
25 % Average Home Sales Price Percent Change (MOTYC) Northern Virginia Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis Jan = $478.3K
26 Total Active Listings Per Sale February Each Year Metro Area Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis
27 (%) MOTY Change 12 per. Mov. Avg. ($ Sales) (s) $8 2 Average Home Sales Price Northern VA - Single Family Detached $7 $6 $5 $4 $3 $2 $1 $ Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis Jan 218 = $673,217, + 7%
28 (%) MOTY Change 12 per. Mov. Avg. ($ Sales) (s) $ Average Home Sales Price Northern VA - Single Family Attached $45 $4 $35 $3 $25 $2 $15 $1 $5 $ Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis Jan 218= $43,183, + 7%
29 (%) MOTY Change 12 per. Mov. Avg. ($ Sales) (s) $4 25 Average Home Sales Price Northern VA - Condos $35 $3 $25 $2 $15 $1 $5-1 $ Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis Jan 218 = $323,225, + 4.3%
30 Average Home Sales Price DC- Single Family Detached (%) MOTY Change 12 per. Mov. Avg. ($ Sales) (s) $1,4 $1,2 $1, $8 $6 $4 $2 $ Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis Jan 218= $95,3, - 11%
31 (%) MOTY Change 12 per. Mov. Avg. ($ Sales) (s) $9 4 Average Home Sales Price DC- Single Family Attached $8 $7 $6 $ $4 $3 $2 $1 $ Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis Jan 218= $69,, +.1%
32 (%) MOTY Change 12 per. Mov. Avg. ($ Sales) (s) $ Average Home Sales Price DC- Condos $ Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis Jan 218= $495,6, -6% $6 $5 $4 $3 $2 $1
33 Median House Sales Price ($s) 7 12 per. Mov. Avg. (Arlington) 12 per. Mov. Avg. (Fairfax County) Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis
34 Number of Sales ($s) per. Mov. Avg. (Arlington) 12 per. Mov. Avg. (Fairfax County) Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis
35 % -5% -1% Active Listings Jan 217-Jan % -9.8% (877) (999) -15% -16.7% -2% (33) -23.4% -25% Arlington County, VA (1515) Fairfax County, VA Loudoun County, VA Washington D.C *Active listing numbers in parenthesis Source: Metropolitan Regional Information Systems (MRIS), GMU Center for Regional Analysis
36 Closed Sales Jan 217-Jan 218 2% % -2% -4% -2.5% (154) -1.% (786) (547) +.4% -6% -8% -1% -12% Arlington County, VA Fairfax County, VA -9.7% (317) Loudoun County, VA Washington D.C *Closed Sales numbers in parenthesis
37 January Median Sales Prices Loudoun County $5, $45, $4, $35, $3, $25, $2, $15, $1, $5, $- 13.7% -4.% 7.1% 2.5%.% -22.8% 8.% 18.5% -.2% -2.3%
38 January Median Sales Prices Arlington County $7, $6, $5, $4, $3, $2, -22.8% 1.4% 7.5% 17.2% -11.5% 9.8% 4.2% 12.5% -7.3% -5.7% $1, $
39 January Median Sales Prices Fairfax County $5, $45, $4, $35, $3, $25, $2, $15, $1, $5, $ % 13.6% 2.9% 2.1% 12.9% 2.7% 3.1% 1.1% 3.6% 2.2%
40 Thank You Questions cra.gmu.edu
Washington Area Economy: Performance and Outlook
Washington Area Economy: Performance and Outlook Center for Regional Analysis Schar School of Policy and Government George Mason University April 8, 219 U.S. Gross Domestic Product 6. Quarterly Change
More informationWashington Area Economy: Performance and Outlook
Washington Area Economy: Performance and Outlook Center for Regional Analysis Schar School of Policy and Government George Mason University August 22, 218 6. U.S. Gross Domestic Product Quarterly Change
More informationWashington Area Economy: Performance and Outlook
Washington Area Economy: Performance and Outlook Center for Regional Analysis Schar School of Policy and Government George Mason University June 18, 218 U.S. Gross Domestic Product 6. Quarterly Change
More informationWashington Area Economy: Performance and Outlook
Washington Area Economy: Performance and Outlook Presentation to: Southeast Fairfax Development Corporation Mount Vernon Lee Chamber of Commerce Terry L. Clower, Ph.D. Director, Center for Regional Analysis
More informationEconomic Outlook and Housing Market Forecast
Economic Outlook and Housing Market Forecast NVAR Housing Finance Summit Terry L, Clower, Ph.D. Director, Center for Regional Analysis Schar School of Policy and Government George Mason University May
More informationMarket and Economic Briefing. Washington Area Economy: Performance and Outlook
Market and Economic Briefing Washington Area Economy: Performance and Outlook Terry L. Clower, Ph.D. Director, Center for Regional Analysis Schar School of Policy and Government George Mason University
More informationWashington Area Economy: Performance and Outlook
Washington Area Economy: Performance and Outlook Presentation to: Southeast Fairfax Development Corporation Mount Vernon Lee Chamber of Commerce Terry L. Clower, Ph.D. Director, Center for Regional Analysis
More informationWashington Area & Northern Virginia Economic Performance and Outlook
Washington Area & Northern Virginia Economic Performance and Outlook Presentation to Northern Virginia Association of Realtors Economic Summit Terry L. Clower, Ph.D. Center for Regional Analysis Schar
More informationThe U.S. and Washington Area Economic Performance and Outlook
// The U.S. and Washington Area Economic Performance and Outlook Center for Regional Analysis School of Public Policy George Mason University January, 3 Recession Recovery Patterns of GDP Past Four Recessions
More informationThe U.S. and Washington Area Economic Performance and Outlook
/8/ The U.S. and Washington Area Economic Performance and Outlook Center for Regional Analysis School of Public Policy George Mason University November 8, Recession Recovery Patterns of GDP Past Four Recessions
More informationWashington Area Economy: Performance and Outlook
Washington Area Economy: Performance and Outlook Presentation to: Greater Washington Association of Financial Professionals Mark C. White, Ph.D. Deputy Director Center for Regional Analysis Schar School
More informationNonProfit Speakers Series. The Economic Outlook for The Washington Metropolitan Area
/3/ NonProfit Speakers Series The Economic Outlook for The Washington Metropolitan Area Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center for Regional Analysis
More informationThe U.S. Economy s Current Performance and Outlook
Delta Associates Spring Seminar The U.S. and Washington Area Economies: Current Performance and Outlook: 24-29 Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center
More informationThe Washington Area Economy: Repositioning for Renewed Growth
Finance and Administration Roundtable The Washington Area Economy: Repositioning for Renewed Growth Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center for Regional
More informationWashington Building Congress. The U.S. and Washington Area Economic Performance and Outlook
Washington Building Congress The U.S. and Washington Area Economic Performance and Outlook Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center for Regional Analysis
More informationEconomic Performance and Outlook: Washington Metro Area and Northern Virginia
Economic Performance and Outlook: Washington Metro Area and Northern Virginia Dr. Terry L. Clower, Ph.D. Director, Center for Regional Analysis School of Public Policy George Mason University e 22, 215
More informationDelta Associates. The U.S. and Washington Area Economic Performance and Outlook
// Delta Associates The U.S. and Washington Area Economic Performance and Outlook Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center for Regional Analysis George
More informationThe US and Northern Virginia Economy Trends and Outlook
NVBCC Annual Meeting The US and Northern Virginia Economy Trends and Outlook Lisa A. Sturtevant, PhD Center for Regional Analysis School of Public Policy George Mason University November 8, 1 Recession
More informationThe U.S. Economy s Current Performance and Outlook
/3/4 Board of Directors, Northern Virginia Association of Realtors The Current Economic Outlook & Area Housing Market Conditions Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor
More informationFinance and Administration Roundtable. The Washington Area Economy: Repositioning for Renewed Growth
5/2/25 Finance and Administration Roundtable The Washington Area Economy: Repositioning for Renewed Growth Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor George Mason University
More informationThe Outlook for the Washington Area and Northern Virginia Economies
9// Northern Virginia Association of Realtors 5 th Annual Economic Summit The Outlook for the Washington Area and Northern Virginia Economies Stephen S. Fuller, PhD Director, Center for Regional Analysis
More informationThe Fairfax County Chamber of Commerce. The Driving Forces Behind Fairfax County s Future Growth
1/22/214 The Fairfax County Chamber of Commerce The Driving Forces Behind Fairfax County s Future Growth Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center for
More informationHAND/CNHED Joint Meeting. Washington Area Economy and Housing Market Trends and Outlook
1/26/12 HAND/CNHED Joint Meeting Washington Area Economy and Housing ket Trends and Outlook Lisa A. Sturtevant, PhD Center for Regional Analysis School of Public Policy George Mason University October
More informationRecent Economic Trends and Comparative Performance: U.S., Commonwealth of Virginia, Washington Metropolitan Area and Northern Virginia
8// Capital One Bank and the GMU Center for Regional Analysis The Washington Area Economy: A Mid-Year Review and Early Forecast for Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor
More informationThe Outlook for the U.S. and Washington Area Economies In 2013 and Beyond
Boland Open House The Outlook for the U.S. and Washington Area Economies In 213 and Beyond Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center for Regional Analysis
More informationThe U. S. Economy: Current Performance and Outlook
9// D.C. Institutional Investor Conference The Outlook for the U.S., Washington Area and District of Columbia Economies Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor George
More informationSAME/ACEC June Conference. The Outlook for the U.S. and Washington Area Economies In 2013 and Beyond
6/24/23 SAME/ACEC June Conference The Outlook for the U.S. and Washington Area Economies In 23 and Beyond Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center for
More informationThe Breakfast Group. The Outlook for the U.S. and Washington Area Economies In 2013 and Beyond
The Breakfast Group The Outlook for the U.S. and Washington Area Economies In 2013 and Beyond Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center for Regional
More informationMontgomery County, Maryland Economic Outlook, 2020
11/9/211 Montgomery County Council Montgomery County, Maryland Economic Outlook, 22 Stephen S. Fuller, PhD Dwight Schar Faculty Chair and University Professor Director, Center for Regional Analysis School
More informationThe Commonwealth of Virginia s Economy: Recession and Recovery
11/18/215 House Appropriations Committee Retreat The Virginia and Northern Virginia Economies: Current Trends and Future Prospects Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor
More informationNorthwest Federal Credit Union
3/28/211 Northwest Federal Credit Union The U.S. and Washington Area Economic Performance and Outlook Stephen S. Fuller, PhD Dwight Sh Schar Faculty Chair and University it Professor Director, Center for
More informationThe Current Performance and Near-Term Outlook for The U.S. and Washington Region s Economies Plus Prince William County
Prince William County Chamber of Commerce The Current Performance and Near-Term Outlook for The U.S. and Washington Region s Economies Plus Prince William County 2015-2025 Stephen S. Fuller, Ph.D. The
More informationNVTC. Economic Performance and Outlook
3//11 NVTC The U.S. and Washington Area Economic Performance and Outlook John McClain, AICP, Senior Fellow and Deputy Director, Center for Regional Analysis School of Public Policy, George Mason University
More informationThe Washington Area s Post- Federally Dependent Economy
Potomac Officers Club Post-Sequestration Summit The Washington Area s Post- Federally Dependent Economy Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center for
More informationThe Vision Series,
The Vision Series, 212-213 The Washington Area Economy: Transitioning From Federal Dependency to a Global Business Base Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director,
More informationThe Washington Region s Housing Market and Outlook
The Washington Region s Housing Market and Outlook John McClain, AICP Senior Fellow and Deputy Director, Center for Regional Analysis, School of Public Policy George Mason University January 14, 2009 U.S.
More informationHobart and Wm. Smith Colleges. The Economy of the Washington Metropolitan Area: Its Performance and What Makes It Different
Hobart and Wm. Smith Colleges The Economy of the Washington Metropolitan Area: Its Performance and What Makes It Different Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director,
More informationAtlanta Regional Commission Link. Overview of the Greater Washington Region: Trends and Challenges
Atlanta Regional Commission Link Overview of the Greater Washington Region: Trends and Challenges Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center for Regional
More informationMetropolitan Washington Area Key Economic & Demographic Indicators
Metropolitan Washington Area Key Economic & Demographic Indicators Arlington County Community Facilities Study March 11, 2015 Lisa A. Sturtevant, PhD Vice President of Research National Housing Conference
More informationWhat Will The Montgomery County Economy Look Like in 2017
Montgomery County Chamber of Commerce What Will The Montgomery County Economy Look Like in 217 Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center for Regional
More informationWhat Will The Montgomery County Economy Look Like in 2017
Leadership Montgomery Breakfast Club What Will The Montgomery County Economy Look Like in 217 Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center for Regional
More informationThe Washington Region s Current Economic Performance and Near-Term Outlook
The Washington Region s Current Economic Performance and Near-Term Outlook Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, The Stephen S. Fuller Institute for Research
More informationANALYSIS OF THE CENTRAL VIRGINIA AREA HOUSING MARKET Annual Market Report. Lisa A. Fowler, PhD. John McClain, AICP
ANALYSIS OF THE CENTRAL VIRGINIA AREA HOUSING MARKET 2008 Annual Market Report By Lisa A. Fowler, PhD John McClain, AICP George Mason University Center for Regional Analysis The U.S. officially entered
More informationWA S H I N G TO N / BALT I M O R E
D E L T A A S S O C I A T E S WA S H I N G TO N / BALT I M O R E R E A L E S T A T E M A R K E T O V E R V I E W MULTIFAMILY MARKET OVERVIEW 0 9. 2 9. 2 0 1 5 B y W i l l i a m R i c h, C R E P r e s i
More informationQ1 16 ECONOMIC OUTLOOK Washington Metro Area
www.capitalbankmd.com PARTNERS in YOUR VISION Q1 16 ECONOMIC OUTLOOK Washington Metro Area Dr. Stephen Fuller Published March 216 Capital Bank N.A. 1 Church Street, Suite 3 Rockville, MD 28 www.capitalbankmd.com
More informationCurrent Economic Review April 16, 2014
Current Economic Review April 16, 2014 Brian Bonnenfant Project Manager Center for Regional Studies University of Nevada, Reno 784-1771 bonnen@unr.edu 230,000 225,000 **Peak = 228,100 Emp **Start of Great
More informationAcknowledgements. The Center for Regional Analysis would like to thank the following sponsors for their support for this research project:
Housin using the Region s Futu uture Workforce Policy Challe allenges for Local Jurisdictions ons Final Report by Lisa A. Sturtevant, PhD Stephen S. Fuller, PhD George Maso ason University School of Public
More informationThe Federal Reserve, Monetary Policy, and Economic Indicators
The Federal Reserve, Monetary Policy, and Economic Indicators Megan Williams Associate Economist Federal Reserve Bank of Kansas City, Oklahoma City Branch The Creation of the Fed The first two national
More informationU.S. and Oklahoma Economic Update. Megan Williams Associate Economist and Manager, Oklahoma City Branch. The U.S. Economy and Monetary Policy
U.S. and Oklahoma Economic Update Megan Williams Associate Economist and Manager, Oklahoma City Branch The U.S. Economy and Monetary Policy GDP growth was relatively strong in the second half of Growth
More informationRound 6.4 Cooperative Forecasts of Population, Households, Housing Units and Employment
Round 6.4 Cooperative Forecasts of Population, Households, Housing Units and Employment This is the 58th in a series of Planning Information Reports produced by the Planning Research and Analysis Team
More informationThe Roadmap for the Washington Region s Future Economy: Pivoting the Region s Economy Away From Its Federal Dependence An Assessment
The Roadmap for the Washington Region s Future Economy: Pivoting the Region s Economy Away From Its Federal Dependence An Assessment The Stephen S. Fuller Institute for Research on the Washington Region
More informationRound 9.0 Cooperative Forecast Results and Methods
Round 9.0 Cooperative Forecast Results and Methods By Robert Ruiz, Research Manager and Pamela Zorich, Planner Coordinator Montgomery County, Round 9.0 Cooperative Forecast Participation Round 1 1976 Round
More informationNORTH TEXAS ECONOMY Emily Kerr Federal Reserve Bank of Dallas October 19, 2017
NORTH TEXAS ECONOMY Emily Kerr October 19, 217 The views expressed are of the speaker and should not be attributed to the Dallas Fed or the Federal Reserve System. North Texas Overview Home to over 7.2
More informationChad Wilkerson. Vice President, Economist, and Oklahoma City Branch Executive Federal Reserve Bank of Kansas City.
Chad Wilkerson Vice President, Economist, and Oklahoma City Branch Executive Federal Reserve Bank of Kansas City www.kansascityfed.org/oklahomacity Recent Oklahoma Economic Trends Oklahoma s economy has
More informationReview of Northern Virginia Market Conditions and Trends
Review of Northern Virginia Market Conditions and Trends Prepared for Northern Virginia Area Association of Realtors November 12, 2011 Virginia Housing Development Authority Northern Virginia s existing
More informationTHE NATIONAL ECONOMY
THE NATIONAL ECONOMY THE NATIONAL ECONOMY Source: National Association of Realtors, Delta Associates; October 2015. THE REGIONAL ECONOMY PAYROLL JOB GROWTH Selected Large Metro Areas 12 Months Ending July
More informationPendleton County Labor Market Summary Update November 2006
1 Labor Market Summary Update November 26 Copyright 26 WVU Research Corporation College of Business and Economics West Virginia University www.bber.wvu.edu by George W. Hammond, Ph.D. Anthony Gregory This
More informationGrant County Labor Market Summary Update November 2006
County Labor Market Summary Update November 26 Copyright 26 WVU Research Corporation College of Business and Economics West Virginia University www.bber.wvu.edu by George W. Hammond, Ph.D. Anthony Gregory
More informationWashington Economy Watch
Washington Economy Watch Vol. I, No. 2 February 2017 The Stephen S. Fuller Institute for Research on the Washington Region s Economic Future Schar School of Policy and Government George Mason University
More informationWhat Does Amazon s HQ2 Mean for the Washington Region? November 13, 2018
About the Stephen S. Fuller Institute The Stephen S. Fuller Institute is the premier source for information and analysis of Greater Washington s regional economy. Through consistent monitoring of regional
More informationEconomic Outlook and Forecast 2015
Economic Outlook and Forecast 2015 Prince William County Fe b r u ar y 17, 2 0 15 Overview National growth Labor market improving but still weaknesses GDP growth expected to remain moderate Next 2 years
More informationThe Washington Region s Economy in 2017 and Outlook for 2018 and Beyond
The Washington Region s Economy in 2017 and Outlook for 2018 and Beyond By Stephen S. Fuller, Ph.D. and Jeannette Chapman The Stephen S. Fuller Institute for Research on the Washington Region s Economic
More informationRobert D. Cruz, PhD, Chief Economist
Robert D. Cruz, PhD, Chief Economist Office of Economic Development and International Trade Miami-Dade County cruzr1@miamidade.gov / www.miamidade.gov/oedit Office of Economic Development and International
More informationPerformance Monitor Futures
Section 1 - Current Metro Rent Details Asking Rent by Age Asking Rent Distribution Asking Rent Growth Rate Distribution Year Built Rent Before 1970 $743 1970-1979 $789 1980-1989 $864 1990-1999 $959 2000-2009
More informationRoad Map for the Future
The Rockville Summit Road Map for the Future The City of Rockville, Maryland Current Economic Conditions And Future Directions Stephen S. Fuller, PhD The Dwight Schar Faculty Chair and University Professor
More informationReal Deal The U.S. and Washington Area Economic Performance and Outlook
Real Deal 2011 The U.S. and Washington Area Economic Performance and Outlook Stephen S. Fuller, PhD Dwight Schar Faculty Chair and University Professor Director, Center for Regional Analysis George Mason
More informationCRA Roundtable August 19, Megan Williams
CRA Roundtable August 19, 214 Megan Williams Associate Economist and Manager, Oklahoma City Branch Federal Reserve Bank of Kansas City www.kansascityfed.org/oklahomacity The U.S. Economy and Monetary Policy
More informationMEGATREND 1: WAGE GROWTH IS FLAT, BUT DISCRETIONARY INCOME IS UP
MEGATRENDS MegaTrends 1. Wage growth is flat, but discretionary income is up 2. The regional economy is recovering but not yet recovered 3. Consumer behavior is changing 4. Tenant behavior is changing
More informationPAYROLL JOB GROWTH Selected Large Metro Areas 12 Months Ending August 2017
THE ECONOMY P AY R O L L J O B S ( T H O U S A N D S ) PAYROLL JOB GROWTH Selected Large Metro Areas 12 Months Ending August 2017 160 140 120 100 80 67 60 40 20 0 NY DFW Atl LA Basin Was Bos South FL Hou
More informationMultifamily Market Outlook
Multifamily Market Outlook Kim Betancourt Multifamily Economics and Market Research Multifamily Mortgage Business NMHC Research Forum April 2014 1 2 Real Estate Fundamentals: Demographics Favorable Demographics
More informationPerformance Monitor Futures
Section 1 - Current Metro Rent Details Asking Rent by Age Asking Rent Distribution Asking Rent Growth Rate Distribution Year Built Rent Before 1970 $914 1970-1979 $885 1980-1989 $959 1990-1999 $967 2000-2009
More informationMonthlyEconomicIndicators. MarchUpdate: 2017Benchmark EmploymentRevision. EnergeticBodies.EnergeticMinds. ResearchSponsor.
MonthlyEconomicIndicators EnergeticBodies.EnergeticMinds. www.metrodenver.org MarchUpdate: 2017Benchmark EmploymentRevision ResearchSponsor www.pinnacol.com www.developmentresearch.net 2016 and 2017 Employment
More informationOld Dominion University 2017 Regional Economic Forecast. Strome College of Business
Old Dominion University 2017 Regional Economic Forecast January 25, 2017 Professor Vinod Agarwal Director, Economic Forecasting Project Strome College of Business www.odu.edu/forecasting The views expressed
More informationHousing Market and Mortgage Performance in Maryland and the District of Columbia
QUARTERLY UPDATE Housing Market and Mortgage Performance in Maryland and the District of Columbia 4 th Quarter, 21 Joseph Mengedoth Michael Stanley 42 4 37 3 32 3 27 2 22 2 17 1 12 Figure 1 FHFA House
More informationDemographic and Economic Factors Affecting the Upcoming Home Sales Market in the Washington Region
Demographic and Economic Factors Affecting the Upcoming Home Sales Market in the Washington Region Jeannette Chapman Deputy Director and Senior Research Associate The Stephen S. Fuller Institute for Research
More informationMortgage Performance Summary
Mortgage Performance Summary QUARTERLY UPDATE Housing Market and Mortgage Performance in Maryland and the District of Columbia 3 rd Quarter, 216 Joseph Mengedoth Michael Stanley 42 4 37 3 32 3 27 2 22
More informationMortgage Performance Summary
Mortgage Performance Summary QUARTERLY UPDATE Housing Market and Mortgage Performance in Maryland and the District of Columbia 2 nd Quarter, 216 Joseph Mengedoth Michael Stanley 42 4 37 3 32 3 27 2 22
More informationNational and Virginia Economic Outlook
National and Virginia Economic Outlook Association of Electric Cooperatives September 29, 215 Sonya Ravindranath Waddell Regional Economist Research Department The views and opinions expressed herein are
More informationRobert D. Cruz, PhD, Chief Economist Miami-Dade County 305-375-1879 cruzr1@miamidade.gov www.miamidade.gov/economicdevelopment Department of Regulatory and Economic Resources Page 1 Local economic indicators
More informationAssessing Alexandria/Arlington s Regional Labor Market
Assessing Alexandria/Arlington s Regional Labor Market Mark C. White, Ph.D. Center for Regional Analysis Schar School of Policy and Government George Mason University March 6, 2017 Agenda Key demographic
More informationECONOMIC IMPACT OF AMAZON S MAJOR CORPORATE HEADQUARTERS
PREPARED FOR THE December 7, 2018 ECONOMIC IMPACT OF AMAZON S MAJOR CORPORATE HEADQUARTERS IN VIRGINIA AND THE WASHINGTON MSA Contents 1. EXECUTIVE SUMMARY... 1 ECONOMIC IMPACT 101... 2 ECONOMIC IMPACT
More informationMetro Milwaukee Economic Trends January 2018
Metro Milwaukee Economic Trends January 2018 Prepared by: Economic Research Division March 16, 2018 Metropolitan Milwaukee Association of Commerce www.mmac.org www.mmac.org January Economic Trends Metro
More informationEconomic and Housing Outlook
Economic and Housing Outlook Home Builders Association of Virginia June 22, 2018 Robert Dietz, Ph.D. NAHB Chief Economist Housing Market Growing; Single-Family Lags Tax reform changes Macroeconomics post-tax
More informationEmerging Trends in the U.S. and Colorado Economies
Emerging Trends in the U.S. and Colorado Economies Sam Chapman Associate Economist Federal Reserve Bank of Kansas City Denver Branch The views expressed are those of the presenter and do not necessarily
More informationEfficiencies Gained in State and Local Government: How Localities Are Dealing with Change
Efficiencies Gained in State and Local Government: How Localities Are Dealing with Change Steven A. Solomon Director of Finance Prince William, VA May 24, 2013 VGFOA 2013 Virginia 2013 Spring State Conference
More informationReview of Regional Market Conditions in the Greater Piedmont Area
Review of Regional Market Conditions in the Greater Piedmont Area Greater Piedmont Area Association of Realtors June 7, 2010 Virginia Housing Development Authority Overview of Current Market Conditions
More informationChad Wilkerson. Vice President, Economist, and Oklahoma City Branch Executive Federal Reserve Bank of Kansas City
Chad Wilkerson Vice President, Economist, and Oklahoma City Branch Executive Federal Reserve Bank of Kansas City www.kansascityfed.org Overview of the Federal Reserve System The Fed consists of three main
More informationHousing Market and Mortgage Performance in Virginia
QUARTERLY UPDATE Housing Market and Mortgage Performance in Virginia 1 st Quarter, 2014 Jamie Feik Lisa Hearl Joseph Mengedoth An Update on Housing Market and Mortgage Performance in Virginia 1 st Quarter,
More informationEmerging Trends in the U.S. and Colorado Economies
Emerging Trends in the U.S. and Colorado Economies Alison Felix Economist and Branch Executive Federal Reserve Bank of Kansas City Denver Branch The views expressed are those of the presenter and do not
More informationMetro Milwaukee Economic Trends August, 2008
Metro Milwaukee Economic Trends August, 2008 Prepared by: Economic Research Division October 7, 2008 www.mmac.org www.mmac.org Metro Milwaukee Economic Trends Page 1 August Economic Trends A weak trend
More informationHousing Market and Mortgage Performance in Virginia
QUARTERLY UPDATE Housing Market and Mortgage Performance in Virginia 2 nd Quarter, 2014 Jamie Feik Lisa Hearl Joseph Mengedoth An Update on Housing Market and Mortgage Performance in Virginia 2 nd Quarter,
More informationWorking Without a Job: Trends in Non-Employer Establishments
Working Without a Job: Trends in Non-Employer Establishments Ellen Harpel, PhD President Business Development Advisors Jeannette Chapman Deputy Director and Senior Research Associate The Stephen S. Fuller
More informationEconomic Outlook. R. Andrew Bauer, Ph.D. Senior Regional Economist Research Department
Economic Outlook R. Andrew Bauer, Ph.D. Senior Regional Economist Research Department GBC Baltimore County Business Advisory Council December 15, 2015 Maryland survey suggests solid business activity Source:
More informationHousing Supply Overview
Housing Supply Overview July 2018 Quick Facts A RESEARCH TOOL PROVIDED BY THE MULTIPLE LISTING SERVICE, INC. FOR ACTIVITY IN THE 4-COUNTY MILWAUKEE METROPOLITAN AREA + 0.1% + 3.8% - 8.3% Price Range With
More informationHousing Market and Mortgage Performance in Virginia
QUARTERLY UPDATE Housing Market and Mortgage Performance in Virginia 1st Quarter, 2013 Jamie Feik Lisa Hearl Karen Lyons An Update on Housing Market and Mortgage Performance in Virginia 1 st Quarter, 2013
More informationMortgage Performance Summary
Mortgage Performance Summary QUARTERLY UPDATE Housing Market and Mortgage Performance in Maryland and the District of Columbia st Quarter, 27 Joseph Mengedoth Michael Stanley 47 4 42 4 37 3 32 3 27 2 22
More informationNEWS RELEASE For further information contact Economic Research Director Bret Mayborne,
Metropolitan Milwaukee Association of Commerce NEWS RELEASE For further information contact Economic Research Director Bret Mayborne, 414.287.4122 2018 Review & Latest Monthly Economic Trends February
More informationCurrent Economic Conditions and the Outlook for the Future
Current Economic Conditions and the Outlook for the Future Sales Marketing Council Cape Fear Home Builders Association April 16, 2014 William W. (Woody) Hall, Jr. Professor of Economics and Senior Economist
More informationBriefing on the Draft Round 8.0 Cooperative Forecasts
Briefing on the Draft Round 8.0 Cooperative Forecasts Metropolitan Development Policy Committee Paul DesJardin Gregory Goodwin COG/DCPS Staff November 12, 2009 1 Background 2 Cooperative Forecasting Established
More informationAhmad Ijaz Center for Business and Economic Research Culverhouse College of Commerce The University of Alabama
US Economic Outlook Ahmad Ijaz Center for Business and Economic Research Culverhouse College of Commerce The University of Alabama Composite Can and Tube Institute Annual Meeting Point Clear, Alabama May
More information