Chart 7
Home buyer skittishness is weighing on home sales.
Month Current Conditions for Buying Houses: Bad Time to Buy (%) Year-over-year percent increase in home sales
Jan-2000 21 0
Feb-2000 21 0
Mar-2000 22 1
Apr-2000 21 2
May-2000 29 -2
Jun-2000 33 -6
Jul-2000 29 -3
Aug-2000 27 -1
Sep-2000 25 3
Oct-2000 30 3
Nov-2000 20 5
Dec-2000 27 0
Jan-2001 22 -2
Feb-2001 22 2
Mar-2001 22 5
Apr-2001 25 2
May-2001 19 3
Jun-2001 17 6
Jul-2001 21 6
Aug-2001 20 6
Sep-2001 23 -1
Oct-2001 18 0
Nov-2001 15 -2
Dec-2001 15 8
Jan-2002 17 15
Feb-2002 15 13
Mar-2002 16 3
Apr-2002 15 7
May-2002 14 7
Jun-2002 23 1
Jul-2002 20 0
Aug-2002 15 -2
Sep-2002 16 6
Oct-2002 17 8
Nov-2002 14 9
Dec-2002 15 9
Jan-2003 16 3
Feb-2003 15 2
Mar-2003 22 4
Apr-2003 19 3
May-2003 10 5
Jun-2003 16 8
Jul-2003 14 16
Aug-2003 15 22
Sep-2003 19 19
Oct-2003 16 13
Nov-2003 13 9
Dec-2003 17 9
Jan-2004 17 1
Feb-2004 20 7
Mar-2004 18 14
Apr-2004 15 16
May-2004 18 15
Jun-2004 17 18
Jul-2004 18 9
Aug-2004 21 3
Sep-2004 17 2
Oct-2004 21 7
Nov-2004 21 12
Dec-2004 18 6
Jan-2005 20 14
Feb-2005 23 8
Mar-2005 24 4
Apr-2005 24 6
May-2005 21 4
Jun-2005 25 4
Jul-2005 26 4
Aug-2005 28 7
Sep-2005 34 8
Oct-2005 36 3
Nov-2005 34 1
Dec-2005 36 -1
Jan-2006 36 -5
Feb-2006 39 0
Source: University of Michigan, National Association of Realtors
"Source: University of Michigan, National Association of Realtors"