READY SIGNAL CONTROL DATA

Existing Home Sales - Not Seas Adj

Why Use This Data Source In Your Models?

Existing home sales measures the health of the real estate market. This indicates overall economic health as well as desire to live in an area long-term.

Existing Home Sales - Not Seas Adj

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Suggested Treatment:

The data shows seasonality. The data should be adjusted. While the Order Norm transformation, provides the best normality, the Boxcox variable will also perform well.

Grain Transformation:

Data is able to be distributed by time but not by geography. The roll up method used is Sum.

Source:
U.S. Census Bureau

Release:
Housing & Urban Development

Units:
Number of Units, Not Seasonally Adjusted

Frequency:
Monthly

Available Through:
02/28/2023

Suggested Treatment:

The data shows seasonality. The data should be adjusted. While the Order Norm transformation, provides the best normality, the Boxcox variable will also perform well.

Grain Transformation:

Data is able to be distributed by time but not by geography. The roll up method used is Sum.

This dataset does not have enough history for a transformation analysis

Auto Correlation Function

Auto Correlation Function After Differencing

Partial Auto Correlation Function

Seasonal Impact

Seasonal and Trend Decompostion

Citation:

National Association of Realtors, Existing Home Sales [EXHOSLUSM495N], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/EXHOSLUSM495N, December 15, 2019.

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