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May 2016 Existing-Home Sales

June 23, 2016

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

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Existing-Home Sales Grow 1.8 Percent in May; Highest Pace in Over Nine Years

June 23, 2016

WASHINGTON (June 22, 2016) — Existing-home sales sprang ahead in May to their highest pace in almost a decade, while the uptick in demand this spring amidst lagging supply levels pushed the median sales price to an all-time high, according to the National Association of Realtors®. All major regions except for the Midwest saw strong sales increases last month.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and... Read More

2016 NAR Research Resource Guide

June 23, 2016

This is a guide to the surveys, reports, data and products that NAR Research has created or updated for 2016.

May 2016 Foot Traffic

June 23, 2016

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.

Student Loan Debt and Housing Report

June 23, 2016

Among recent home buyers, one-quarter have student loan debt and the typical amount is $25,000. The share of those with student loan debt rises to 41 percent among first-time home buyers. Even among successful home buyers this amount of debt is cited as a difficulty in their home buying process. To evaluate those trends SALT® and the National Association of REALTORS® teamed up to conduct a survey of student loan borrowers who are current in repayment.

71 Percent Believe Student Debt Delays Homeownership

June 23, 2016

NAR Chief Economist Lawrence Yun and NAR 2016 Vice President Sherri Meadows

WASHINGTON (June 13, 2016) — Seventy-one percent of non-homeowners repaying their student loans on time believe their debt is stymieing their ability to purchase a home, and slightly over half of all borrowers say they expect to be delayed from buying by more than five years.

This is according to a new joint survey on student loan debt and housing released today by the National Association of Realtors® and SALT®, a consumer literacy program provided by nonprofit American Student... Read More

Student Loan Debt and Housing

June 23, 2016

The information in this infographic is from the Student Loan Debt and Housing Report. The report presents the findings of a survey by SALT® and NAR of people with student loan debt, and looks at the way this debt affects their ability to buy a home.

Housing Market Summary for April 2016

June 23, 2016

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 April and provides insight into the months ahead.

Best Purchase Markets for Aspiring Millennial Home Buyers

June 23, 2016

NAR analyzed employment gains, population trends, income levels and housing conditions in the largest 100 metropolitan statistical areas across the country to identify the best purchase markets for millennial homebuyers.  The top 10 metro areas NAR identified were chosen for their above-average share of current millennial residents and recent movers, favorable employment opportunities and relatively low... Read More

Top Purchase Markets for Millennial Homebuyers, According to NAR

June 23, 2016

WASHINGTON (June 2, 2016) – A flurry of financial obstacles and lifestyle choices are stalling the journey to homeownership for many young adults, but becoming a homeowner is currently more feasible in some less expensive metro areas with steady job growth and lower qualifying incomes needed to buy, according to new research by the National Association of Realtors®.

NAR analyzed employment gains, population trends, income levels and housing conditions in the largest... Read More

Quiz: NAR Members

June 23, 2016

<a data-cke-saved-href="//realtormag.polldaddy.com/s/test-your-knowledge-17" href="//realtormag.polldaddy.com/s/test-your-knowledge-17">View Survey</a>

The information from this quiz was taken from the 2016 Member Profile.

Existing-Home Sales Rise in April for Second Straight Month

June 23, 2016

National Association of REALTORS® Chief Economist Lawrence Yun talks about the rise in sales of existing homes in April 2016.

2016 Q1 Commercial Real Estate Market Survey

June 23, 2016

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.

Survey Highlights
  • 58% of REALTORS® closed a commercial sale.
  • Sales volume totaled $51.6 billion
  • Sales volume... Read More

Contract Signings Hit 10-year High in April

June 23, 2016

In this video, NAR Chief Economist Lawrence Yun talks about the things affecting home sales right now: low mortgage rates, employment gains, inflation, gasoline prices, low inventory. He also talks about rising rents and gives an upgraded housing market forecast for 2016.

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Pending Home Sales Lift Off in April to Over 10-Year High

June 23, 2016

WASHINGTON (May 26, 2016) — Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to the National Association of Realtors®. All major regions saw gains in contract activity last month except for the Midwest, which saw a meager decline.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, hiked up 5.1 percent to 116.3 in April from an upwardly revised 110.7 in March and is now 4.6 percent above April 2015 (111.2). After last month... Read More

2016 NAR Member Profile

June 23, 2016

Using data taken from the 2016 NAR Member Profile, this infographic provides a look at a typical REALTOR®.

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April 2016 Existing-Home Sales

June 23, 2016

See a larger version of the infographic.

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

See more data.

Read the news release about this data.

Existing-Home Sales Rise in April for Second Straight Month

June 23, 2016

WASHINGTON (May 20, 2016) — Despite ongoing inventory shortages and faster price growth, existing-home sales sustained their recent momentum and moved higher for the second consecutive month, according to the National Association of Realtors®. A surge in sales in the Midwest and a decent increase in the Northeast offset smaller declines in the South and West.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and... Read More

NAR Member Survey Shows More, Younger Realtors® Entering the Industry

June 23, 2016

WASHINGTON (May 19, 2016) — The median age and years of experience of Realtors® has decreased as new and younger professionals enter the industry, according to the 2016 National Association of Realtors® Member Profile.

The survey's results are representative of the nation's nearly 1.2 million Realtors®; members of NAR account for about half of all active real estate licensees in the U.S. Realtors® go beyond state licensing requirements by subscribing to NAR's Code of Ethics and standards of practice and... Read More

May 2016 Economic and Commercial Real Estate Outlook

June 23, 2016

These slides were presented by NAR Chief Economist Lawrence Yun at the Commercial Economic Issues & Trends Forum at the REALTORS® Legislative Meetings & Expo in Washington, DC, on May 12, 2016.