When remodeling, some homeowners and renters do it themselves, while others hire professionals. This infographic looks at the differences in who goes which route, by generation. The data in this infographic comes from the Remodeling Impact report.More Information
- Read the Remodeling Impact report.
As 2016 gets underway, there has been a definite slowdown in the velocity of commercial real estate sales volume, per Real Capital Analytics. We expect commercial real estate to take on more of a defensive role in this environment, and as values and prices begin to level off, investors will likely benefit from it being a hard asset, as well as from its strong income flow, especially if long-term interest rates and 10-year Treasury rates remain low, as expected.
With respect to investment, it is always difficult to separate market realities from the “... Read More
WASHINGTON (February 4, 2016) — Despite various global and domestic hurdles hindering economic growth, steady job gains and stable leasing demand should help keep commercial real estate activity expanding in 2016, according to the authors of an annual report published jointly by Situs Real Estate Research Corporation (RERC), Deloitte and the National Association of Realtors®.
According to the report, Expectations & Market Realities in Real... Read More
Using data taken from our Existing-Home Sales, Pending Home Sales, the REALTORS® Confidence Index and Foot Traffic Index, this infographic looks at what the housing market was doing in December and provides insight into the months ahead.
In this video, NAR Chief Economist Lawrence Yun talks about December 2015 pending home sales, mortgage rates, and his forecast for sales in 2016. He also discusses underwriting standards and the rental market.More Information
WASHINGTON (January 28, 2016) — Pending home sales were mostly unchanged in December, but inched forward slightly, fueled by a large increase in the Northeast that outpaced declines in the other three major regions, according to the National Association of Realtors®.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, crawled 0.1 percent to 106.8 in December from a downwardly revised 106.7 in November and is now 4.2 percent above December 2014 (102.5). The... Read More
- Prices of land sold in the U.S. are up by three percent in the reference period October 2014-September 2015 compared to their year-ago levels.
- Commercial land prices rose the fastest at five percent.
- Residential land prices were up by three percent.
- Agricultural land prices were up by one percent.
- Prices of land sold outside the U.S. (mainly, Canada) are up by two percent in the reference period October 2014–September 2015 compared to their year-ago levels.
- Residential land prices rose... Read More
National Association of REALTORS® Chief Economist Lawrence Yun talks about the strong rebound in existing-home sales in December 2015 during a news conference at NAR’s offices in Washington.
WASHINGTON (January 22, 2016) — Existing-home sales snapped back solidly in December as more buyers reached the market before the end of the year, and the delayed closings resulting from the rollout of the Know Before You Owe initiative pushed a portion of November's would-be transactions into last month's figure, according to the National Association of Realtors®. Led by the South and West, all four major regions saw large increases in December.
Martin Luther King Day is recognized as a day of community service. This infographic contains data from the 2015 Member Profile showing how REALTORS® are volunteering in their communities.
WASHINGTON (January 12, 2016) — Following the housing market's best year in nearly a decade, existing-home sales are forecasted to expand in 2016 at a more moderate pace as pent-up buyer demand combats affordability pressures and meager economic growth, according to National Association of Realtors® Chief Economist Lawrence Yun in a newly-released video on his 2016 housing market expectations.
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 trends and changes.
WASHINGTON (December 30, 2015) — Pending home sales in November slightly declined for the third time in four months as buyers continue to battle both rising home prices and limited homes available for sale, according to the National Association of Realtors®. Modest gains in the Midwest and South were offset by larger declines in the Northeast and West.
In this video, National Association of REALTORS® Chief Economist Lawrence Yun talks about the decline in existing-home sales in November 2015 during a news conference at NAR’s offices in Washington.
WASHINGTON (December 22, 2015) — Existing-home sales dropped off considerably in November to the slowest pace in 19 months, but some of the decrease was likely because of an apparent rise in closing timeframes that may have pushed some transactions into December, according to the National Association of Realtors®. All four major regions saw sales declines in November.