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Animals in Homes

March 8, 2017

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The information in this infographic is from the Remodeling Impact: Animals in Homes report.

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When Buying, Selling and Renovating, it’s an Animal House, Say Realtors®

March 7, 2017

WASHINGTON (February 13, 2017) — When making decisions about buying, selling or renovating their homes, Americans, by and large, take their pets' needs into account, according to a new report from the National Association of Realtors®. The 2017 Animal House: Remodeling Impact report found that 81 percent of respondents said that animal-related considerations play a role when deciding on their next living situation.

"In 2016, 61 percent of U.S. households either have a pet or plan to get one in the... Read More

Remodeling Impact: Animals in Homes

March 7, 2017

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With the prevalence of pets and animals in millions of homes across the country, the Remodeling Impact: Animals in Homes report helps inform buyers, sellers, and REALTORS® of the following:

  • Rental and home search considerations for animal owners.
  • Remodeling projects that animal owners undertook and their level of satisfaction upon completion of various projects.
  • Selling advice from REALTORS® for animals owners.... Read More

Existing-Home Sales Slide in December

March 7, 2017

In this video, National Association of REALTORS® Chief 
Economist Lawrence Yun talks about the continued increase in home prices and the shortage of homes available for sale. He also addresses the effect of rising mortgage rates on the housing market.

 

Swift Gains in Fourth Quarter Push Home Prices to Peak Levels in Majority of Metro Areas

March 7, 2017

WASHINGTON (February 9, 2017) — The best quarterly sales pace of the year pushed available housing supply to record lows and caused price appreciation to slightly speed up in the final three months of 2016, according to the latest quarterly report by the National Association of Realtors®. The report also revealed that sales prices in over half of measured markets since 2005 are now at or above their previous peak level.

The median existing single-family home price increased in 89 percent of measured... Read More

Statistics on Aspiring Home Buyers

March 1, 2017
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The Super Bowl and Metro Home Prices

February 27, 2017

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Think you know which team is going to win the Super Bowl this weekend? How do their metro area home prices stack up? This infographic takes a look.

The data in this infographic comes from NAR's Metropolitan Median Area Prices and Affordability statistics.

Aspiring Home Buyers

February 27, 2017

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Highlights from the new Aspiring Home Buyers Profile show that while affordability may be an issue for some, most non-owners aspire to be homeowners in the future.

Aspiring Home Buyers Profile

February 24, 2017

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The Aspiring Home Buyer Profile is an in depth examination of the consumer preferences of non-homeowners, defined as those that rent and those that live with someone else (such as family or friends) without paying rent. The Aspiring Home Buyer Profile compares and contrasts the perceptions of homeownership, the American Dream, and housing affordability from the perspective of non-homeowners.

Highlights
  • Of the U.S. consumer households that... Read More

NAR Finds Real and Imaginary Barriers Holding Back Prospective Homebuyers

February 23, 2017

WASHINGTON (February 1, 2017) — Existing-home sales increased 3.8 percent to a 10-year high in 20161, but affordability pressures, student debt and possible confusion about down payment requirements prevented many aspiring homeowners from reaching the market, according to recent consumer insight from the National Association of Realtors®.

NAR's Aspiring Home Buyer Profile analyzed 2016 quarterly survey data from its... Read More

FHA Mortgage Insurance Premium Flash Survey

February 23, 2017

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On January 10th, the FHA lowered its annual mortgage insurance premium (MIP) by 25 basis points. That decision was put on hold pending a review on January 21st. This alteration to the FHA’s fee structure was unique as it made many borrowers in the current pipeline eligible for the fee reduction. NAR Research surveyed a panel of mortgage originators to gain insights on the impact of the change to consumers and the market, and the findings are... Read More

Divided Housing Market Driving Wealth Inequality

February 23, 2017

Published in The Hill

December home sales fizzled as higher interest rates, which have risen since election night, evidently hampered some would-be buyers.

Existing-home sales fell 2.8 percent (from 5.65 million in November) to a 5.49 million seasonally adjusted annualized pace. The very low number of homes available for sale – the lowest since 1999 – also put a dent in consumers’ excitement.

Still, the year 2016 goes down as a good year for the housing market and for the nation’s homeowners. The annual total of 5.45 million unit... Read More

NAR Chief Economist Lawrence Yun on C-SPAN: Housing Policy Under Trump Administration

February 21, 2017

In an interview on C-SPAN's Washington Journal, NAR Chief Economist Lawrence Yun talks about the hold on the mortgage insurance premium cut, HUD Secretary Ben Carson, and housing policy under the Trump administration.

December 2016 Pending Home Sales Snapshot

February 21, 2017

The information in this infographic is from December 2016 Pending Home Sales data.

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Read the news release about this data.

Pending Home Sales Bounce Back in December

February 21, 2017

WASHINGTON (January 30, 2017) — Pending home sales picked up in December as solid increases in the South and West offset weakening activity in the Northeast and Midwest, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 1.6 percent to 109.0 in December from 107.3 in November. With last month's uptick in activity, the index is now 0.3 percent above last December (108.7).

Lawrence Yun, NAR... Read More

Contract Signings Bounce Back

February 21, 2017

In this video, NAR Chief Economist Lawrence Yun talks about December 2016 pending home sales. He also discusses GDP growth, home sales and inventory changes by price category, and the importance of residential construction. 

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Survey of Mortgage Originators, Fourth Quarter 2016

February 17, 2017

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Highlights:

This quarter marks the 13th Survey of Mortgage Originators in which lenders are surveyed about current trends in lending. This survey covered lenders’ experiences in the 4th quarter of 2016 and also included questions on shortages of appraisers and rising rates.

  • Non-QM lending inched back, while rebuttable presumption lending moderated. However, there was a significant increase in interest by investors and lenders who... Read More

December 2016 Existing-Home Sales Snapshot

February 14, 2017

The information in this infographic is from December 2016 Existing-Home Sales data.

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December 2016 Existing-Home Sales

February 14, 2017

The information in this infographic is from December 2016 Existing-Home Sales data.

See a larger version of the infographic.

See more data.

 

Existing-Home Sales Slide in December; 2016 Sales Best Since 2006

February 14, 2017

WASHINGTON (January 24, 2017) — Existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels, 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, finished 2016 at 5.45 million sales and surpassed 2015 (5.25 million) as the highest since 2006 (6.48 million).

In... Read More