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Infographic: Quarterly Median Sales Price by Metro Area - Single Family Homes

August 17, 2014

This interactive infographic shows median prices of single family homes in Q2 2014 by metropolitan area.

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See information on qualifying income and on condos and co-ops.

See information on housing affordability.

... Read More

Infographic: Quarterly Median Sales Price by Metro Area - Condos and Co-ops

August 17, 2014

This interactive infographic shows median prices of condos and co-ops in Q2 2014 by metropolitan area.

More Information

Get the data in .pdf or .xls format.

See information on qualifying income and on single family homes.

See information on housing affordability.

... Read More

Home-Price Gains Decelerate in Many Metro Areas during Second Quarter

August 17, 2014

WASHINGTON (August 12, 2014) – Home-price growth continued to moderate in many metropolitan areas in the second quarter and national year-over-year price appreciation is now at its slowest pace since 2012, according to the latest quarterly report by the National Association of Realtors®.

The median existing single-family home price increased in 71 percent of measured markets1, with 122 out of 173 metropolitan statistical areas2 (MSAs)... Read More

Infographic: Where Are Retirees Moving To?

August 17, 2014

Many people choose to change location when they retire. This infographic shows the migration flows for retirees (65 years +) in the 100 largest metropolitan areas. Specifically, the map compares the percentage of people (any age) moving from different states to, and the percentage of retirees moving and living in, these cities.

Infographic: Global Buyers in the USA

August 17, 2014

The information in this quiz comes from the 2014 Profile of International Home Buying Activity.

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Read the news release about the report.

Still Stuck in Traffic

August 17, 2014

Most Americans agree that traffic congestion is a major problem in their communities, and congestion seems to be getting worse. Dr. Anthony Downs discusses the problems of traffic congestion—based on his book Still Stuck in Traffic.

REALTOR® University Speaker Series: The Metropolitan Revolution

August 17, 2014

In her lecture for the REALTOR® University Speaker Series, Jennifer Bradley focuses on a new approach to revitalizing urban areas and creating more jobs though the integration of technology and community networking.

Infographic: Location of Primary, Vacation, & Investment Homes Purchased in 2013 by Region

August 17, 2014

This infographic was created using data from the 2014 Investment and Vacation Home Buyers Survey.

See the survey.

Read the news release about the survey.

Infographic: Types of Property Purchased as Primary, Vacation, and Investment Homes in 2013

August 17, 2014

This infographic was created using data from the 2014 Investment and Vacation Home Buyers Survey.

See the survey.

Read the news release about the survey.

New Home Sales in June

August 17, 2014

New home sales slid in June. The decline is not a reflection of slower housing demand, but more related to homebuilders putting up fewer homes. Whatever builders build, they are able to find buyers reasonably quick. But the homebuilding industry has been hampered by a labor shortage and the difficulty of obtaining construction loans.

Lenders Note Impact of Higher FHA Fees

August 17, 2014

The mortgage market was buffeted by a number of changes in 2013 and 2014. Among them were higher fees at the FHA. NAR Research' s second Survey of Mortgage Originators includes questions about the impact of changes to the FHA program on consumers.

Homeownership Rate in the Second Quarter of 2014

August 17, 2014

The homeownership rate fell to 64.8 percent in the second quarter. It marks the lowest ownership rate in nearly 20 years. After peaking at 69 percent in 2004, the ownership rate has been steadily falling, at first from the aftermath effects of housing market bubble-crash to the ongoing tight mortgage availability conditions now.

Video: Pending Home Sales Slip in June

August 17, 2014

In this video, NAR Chief Economist Lawrence Yun talks about the slight drop in pending home sales, the so-called "lock-in effect," the top three reasons people move, and the capital gains tax.

Pending Home Sales Slip in June

August 17, 2014

WASHINGTON (July 28, 2014) – After three consecutive months of solid gains, pending home sales slowed modestly in June, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 1.1 percent to 102.7 in June from 103.8 in May, and is 7.3 percent below June 2013 (110.8). Despite June’s decrease, the index is above 100 – considered an average level... Read More

NAR Identifies Best Purchase Markets for Aspiring Millennial Homebuyers

August 17, 2014

WASHINGTON (July 24, 2014) – First-time homebuyers have been largely absent from the housing market in the current economic recovery, but some metropolitan areas – particularly in the Midwest and West – are well positioned to see increases in home-buying from the Millennial generation in upcoming years, according to new research by the National Association of Realtors®.

NAR analyzed current housing conditions, job creation and population trends in metropolitan statistical areas1 across the U.S. to... Read More

Infographic: Best Purchase Markets for Millennial Homebuyers

August 17, 2014

Where are the best markets for aspiring Millennial homebuyers? New NAR research identifies ten metropolitan areas that have a young adult population with solid job growth rates and relatively affordable home prices.

  • Austin already has a large number of Millennials while job growth remains strong.
  • Dallas has a large number of Millennials living in the city and strong job growth.
  • Denver has seen a solid... Read More

Infographic: June 2014 Existing-Home Sales

August 17, 2014

The information in this infographic is from June 2014 Existing-Home Sales data.

See more data.

Read the news release about this data.

Existing-Home Sales Up in June, Unsold Inventory Shows Continued Progress

August 17, 2014

WASHINGTON (July 22, 2014) – Existing-home sales increased in June and reached an annual pace of 5 million sales for the first time since October 2013, while rising inventory continues to push overall supply towards a more balanced market, according to the National Association of Realtors®.

Total existing-home sales1, which are completed... Read More

New Rule Protects Consumers, but Instills Caution

August 17, 2014

New lending rules (ATR/QM rule) that went into effect on Friday, January 10th, 2014 requires that originators make a good faith effort to verify a borrower’s ability to repay their mortgage and imposes stiff penalties if they do not. These rules make sense to protect the consumer, but can also give lenders pause.