First American Financial Corporation releases First American's model.
SANTA ANA, Calif: First American Financial Corporation released First American's proprietary Potential Home Sales Model for the month of May 2018.
First American Financial Corporation is a leading global provider of title insurance, settlement services and risk solutions for real estate transactions. Potential existing-home sales increased to a 6.11 million seasonally adjusted annualized rate (SAAR), a 0.8 percent month-over-month increase.
The market potential for existing-home sales increased by 4.4 percent compared with a year ago, a gain of 255,100 (SAAR) sales. Currently, potential existing-home sales is 1.17 million (SAAR), or 16.1 percent below the pre-recession peak of market potential, which occurred in July 2005.
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|Publication:||Daily the Pak Banker (Lahore, Pakistan)|
|Date:||Jun 29, 2018|
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