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Updated: 1 week 6 days ago

Pending Home Sales Leap 5.5% in February

May 3, 2017

WASHINGTON (March 29, 2017) — Pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade, according to the National Association of Realtors®. All major regions saw a notable hike in contract activity last month.

The Pending Home Sales Index,* www.nar.realtor/topics/pending-home-sales, a forward-looking indicator based on contract signings, jumped 5.5 percent to 112.3 in February from 106.4 in January. Last month's index reading is 2.6... Read More

February 2017 Foot Traffic

May 3, 2017

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Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®. Lockboxes made by SentriLock, LLC. are used in roughly a third of home showings across the nation. Foot traffic... Read More

March 2017 Business Creation Index

May 3, 2017

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The new Business Creation Index (BCI) was created to monitor local economic conditions from the perspective of NAR’s commercial members. The quarterly report offers insight from commercial real estate professionals into whether businesses are opening or closing by industry, population density, and subregion. On a monthly basis, it tracks three key questions related to local market conditions:

  1. An increase of businesses opening in local communities... Read More

Measuring House Prices: Going Local With Indices, Cycles, and Modeling

May 2, 2017

The 1980’s saw a period of migration towards the suburbs, but recent evidence suggests that the preference for city living is reviving. The economic literature suggests that as housing location moves towards the city center, house prices become more expensive, other factors being equal. With increasing demand for urban housing, there is pressure for prices to increase closer to the center of the city. How steeply do prices increase as one moves closer to the inner city?

In this presentation, Dr. Will Doerner presents how prices changed from 1990—2015 at the city, county... Read More

Housing's Sweet 16's

April 30, 2017

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Sixteen teams remain as play resumes this week in the men’s and women’s NCAA Basketball Championships. Here’s a sweet assist from the National Association Realtors® on where the number 16 shows up in recent housing survey data: ... Read More

Home Sales Drop 3.7 Percent in February

April 30, 2017

In this video, National Association of REALTORS® Chief 
Economist Lawrence Yun talks about February 2017 existing-home sales. He also discusses median days on the market, strong buyer interest, very fast transaction speeds, and low inventory.

 

 

Existing-Home Sales Stumble in February

April 26, 2017

WASHINGTON (March 22, 2017) — After starting the year at the fastest pace in almost a decade, existing-home sales slid in February but remained above year ago levels both nationally and in all major regions, according to the National Association of Realtors®.

Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, retreated 3.7 percent to a seasonally adjusted annual rate of 5.48 million in February from 5.69 million in January. Despite last... Read More

February 2017 Existing-Home Sales

April 25, 2017

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The information in this infographic is from February 2017 Existing-Home Sales data.

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Real Estate in a Digital Age: Visual Story

April 21, 2017

The data in this visual presentation comes from the 2017 Real Estate in a Digital Age report. Click the image above to scroll through the presentation.

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Appraiser Trends Study

April 21, 2017

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In recent years, the National Association of REALTORS® has heard concerns regarding a perceived shortage in appraisers. NAR is also aware of reports of long turnaround times for appraisals, higher and/or rush fees in certain areas, and difficulty in bringing new appraisers into the profession. NAR seeks research to determine whether a shortage of appraisers exists and to what extent, as well as to further explore the other issues facing the appraisal profession.... Read More

NAR HOME Survey: Economic, Financial Optimism Surges; Renters Lukewarm About Buying

April 19, 2017

WASHINGTON (March 15, 2017) — Multiple years of uninterrupted job gains and hope that the best is yet to come in 2017 are igniting consumer confidence across the country, and especially in rural and middle America, according to new consumer survey findings from the National Association of Realtors®. The survey additionally found a growing disparity among renters who think it's a good time to buy and homeowners who think it's a good time to sell. 

In NAR's ongoing quarterly ... Read More

2017 Q1 Homeownership Opportunities and Market Experience (HOME) Survey

April 18, 2017

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The Housing Opportunities and Market Experience (HOME) report was created to monitor consumer sentiment about the housing market. It covers core topics that will be tracked on a monthly basis such as views on housing as a good financial investment, whether homeownership is part of the American Dream, if now is a good time to buy or sell a home and perception of home price changes.

Highlights:
  • In the first quarter of 2017, 72 percent of people believe... Read More

HOME Survey March 2017

April 17, 2017

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Using data from the 2017 Q1 HOME Survey, this infographic looks at whether people think it's a good time to buy or sell a home, and how student debt is affecting people's ability to buy.

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Quiz: Smart Homes & REALTORS®

April 12, 2017

The information from this quiz was taken from the Smart Homes & REALTORS® report.

Real Estate in a Digital Age: 2017

April 12, 2017

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The information in this infographic comes from the 2017 Real Estate in a Digital Age report. 

Methodology

April 11, 2017
Median Home Value 

Median home value for the 3rd quarter of 2016 was estimated for each county studied. Home values represent the value of all homes instead of home sales.

Base Price Subject to Population Threshold 

The most recent American Community Survey (ACS) data was used, subject to ACS population thresholds. This means that for counties with population less than 65,000, the 5-year ACS estimates were used for the price calculations. Respectively, for counties which have a population at or exceeding the... Read More

Real Estate in a Digital Age

April 11, 2017

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Highlights

The world we live in today is a digital one and searching for a home is no different. Buyers now have apps that let them search by location and neighborhoods. Online searching maximizes the ability to compare and contrast homes on the market by selected features. Most of this is done before a potential home buyer connects with a real estate agent.

In the Real Estate in a Digital Age report, we examine the process home buyers go through... Read More

County Median Home Prices and Monthly Mortgage Payment

April 6, 2017
Median Home Values  ... Read More

It's a Generational Thing

April 6, 2017

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Data in this infographic comes from the 2017 Home Buyer Seller Generational Trends report.

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International Women's Day 2017

April 6, 2017

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In honor of International Women's Day, this infographic uses data from the NAR Member Profile to take a look at women REALTORS®.