The United States continues to attract immigrants. By the year 2060, nearly 20 percent of the U.S. population will be foreign-born, a rate even higher than that achieved in the early 1900s. The role of immigrants and their assimilation into U.S. society continues to be the subject of much study and debate. In this presentation, Alex Nowrasteh of the Cato Institute shares his research on the demographics and economic characteristics of the immigrant population, the effect of immigration on housing demand and prices for some metropolitan statistical areas, and their prospects for... Read More
WASHINGTON (February 23, 2017) — Steered ahead by strengthening demand in smaller markets, the commercial real estate sector should remain on stable ground in 2017 and offer decent returns for investors, according to the latest National Association of Realtors® quarterly commercial real estate forecast.
National office vacancy rates are forecast by Realtors® to retreat 1.1 percent to 12.1 percent over the coming year as job growth in business and professional services brings increased need for office space. The... Read More
WASHINGTON (February 22, 2017) — Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors®. All major regions except for the Midwest saw sales gains last month.
Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, expanded 3.3 percent to a seasonally adjusted annual rate of 5.69 million in... Read More
Download ( JPG: 300 KB )
There have been nine U.S. presidents since the National Association of Realtors® began its comprehensive reporting of home sales data in 1968. The country and the typical cost to buy a home have changed a lot. To celebrate President’s Day, here is the national median single-family home price at the time each president was sworn in since 1969.
*Median sales prices are adjusted for inflation using the U.S. Bureau of Labor... Read More
WASHINGTON (February 16, 2017) — Existing-home sales are forecast to expand 1.7 percent in 2017, but a new housing affordability model created jointly by the National Association of Realtors® and realtor.com®, a leading online real estate destination, operated by operated by News Corp [NASDAQ: NWS, NWSA]; [ASX: NWS, NWSLV] subsidiary Move, Inc., suggests homebuyers at many income levels could see an inadequate amount of listings on the market within their price range in coming months.
Using data on mortgages 1, state-level income 2 and... Read More
Download (PDF 1.49MB)
The REALTORS® Commercial Real Estate Market Trends measures quarterly activity in the commercial real estate markets, as reported in a national survey. The survey collects data from REALTORS® engaged in commercial real estate transactions. The survey is designed to provide an overview of market performance, sales and leasing transactions, along with information on current economic challenges and future expectations.... Read More
Download (PDF 841KB)
The REALTORS® Commercial Real Estate Market Trends measures quarterly activity in the commercial real estate markets, as reported in a national survey. The survey collects data from REALTORS® engaged in commercial real estate transactions. The survey is designed to provide an overview of market performance, sales and leasing transactions, along with information on current economic challenges and future expectations.Highlights... Read More
Download (JPG 327 KB)
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 has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future. This infographic shows the latest index data along with... Read More
Download ( PDF: 245 KB)
This infographic gives some quick facts about homeowner household composition.
Download ( JPEG: 98 KB )
This infographic takes a look a home buyer demographics by marital status.
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
Download (PDF 2.806 MB)
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
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.
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