Tennessee Housing Market 3rd Quarter 2013

http://capone.mtsu.edu/berc/housingbrief.html 

"On balance, the housing market in Tennessee improved during the third quarter of 2013 but at a slower pace than in previous quarters...." Read more in Tennessee Housing Market published by the Jones College Business and Economic Research Center.

Business and Economic Research Center News

www.mtsu.edu/berc 

Tennessee Housing Market 4th Quarter
The housing market continues to improve, especially single-family homes. [more]

Expectations for Nashville Economy
David Penn's presentation to Nashville Risk Management Association Feb. 14
[presentation pdf]

Tennessee Economic Indicators

• Seasonally adjusted initial claims for unemployment insurance in TN increased in Jan. following a large decline in Dec. The less volatile trend continues to show improvement, however. 
• Permits issued for single-family home construction in TN fell again in Dec, the 2nd monthly decline following a large increase in Oct. The trend continues to show improvement. 
• Tennessee unemployment rate remained at 7.6% in Dec., down from 8.5% a year ago. 
• Seasonally adjusted nonfarm employment for TN gained 3,000 jobs in Dec. from the previous month. Over the year, nonfarm employment has gained 36,400 jobs, up 1.4%.
  
• State sales tax collections up 5.1% in Dec. over the year (seasonally adjusted), the largest rise since June 2012. 

Graphs: Tracking Tennessee's Economic Recovery | MSA | County

Tennessee Housing Market 2nd Quarter 2012

http://www.mtsu.edu/~berc/housingbrief.html 

On balance, the Tennessee housing market showed very modest improvement in the second quarter, following a stronger first quarter. Housing construction continued to grow, rebounding mildly from very low levels, but real estate transactions and mortgage activity fell. Home sales rose in Nashville but not in Memphis or Knoxville. Mortgage delinquency rates fell again, continuing a long trend of improvement. . . . [newsletter]

Tennessee Housing Market Newsletter

http://www.mtsu.edu/~berc/housingbrief.html 

1st Quarter 2012 newsletter online - Home sales rose significantly in the Nashville, Memphis, and Knoxville areas during the quarter, and average home prices fell again, though at a slower pace. [more at Tennessee Housing Market]

Tennessee Housing Market: 1st Qtr 2011

http://www.mtsu.edu/~berc/housingbrief.html  

Tennessee Housing Market: 1st Qtr 2011

• marginal improvement
• home sales up
• construction stable
• prices continued to drop
• 4Q 2010 numbers revised

Tennessee Housing Price Index

http://frank.mtsu.edu/~berc/tacir/hpisummary.html

New from the Business and Economic Research Center (BERC): Housing Price Index with graphs for Tennessee and 10 MSAs

Tennessee Housing Market 3rd Quarter

The Business and Economic Research Center has posted its Tennessee Housing Market Report with 4th Quarter 2010 data - 
http://frank.mtsu.edu/~berc/housingbrief.html

Tennessee Housing Price Index

Updated through 3rd Quarter 2010 for the state, 10 MSAs, non-metro areas, and U.S.

• Housing Price Index
• Other Indicators

Tennessee Housing Market 3rd Quarter

Tennessee's economy improved somewhat, as employment gains pushed the unemployment rate down to 9.6% from 10.3% in the 2nd quarter. Unemployment remains high: 16th highest among the states.

http://www.mtsu.edu/~berc/housingbrief.html