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Is NAR data seasonally adjusted?

April 26, 2017Adjusted Data NAR Seasonally

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Is NAR data seasonally adjusted?

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NAR seasonally adjusts the existing home sales data so that we can compare the sales in February with the sales in August and not worry that the difference is a result of seasonal pattern. NAR does not adjust the median home price series, so those data should not be compared month-to-month. Instead, we compare the change in home prices from one year prior. For more detail, see our economist commentary on this issue here.