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   information, and technology. Use the data to improve your business through
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   NAR is widely considered one of the most effective advocacy organizations in
   the country.
   
 * Education
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   selection of real estate training options.
   
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   professionals, attend a seminar, and keep up with industry trends through
   events hosted by NAR.
   
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   America's largest trade association, representing 1.5 million+ members,
   including NAR's institutes, societies, and councils, involved in all aspects
   of the residential and commercial real estate industries.
   
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   Now more than ever, it is critical for REALTORS® across America to come
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   Empowers REALTORS® to evaluate, enhance and showcase their highest levels of
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   degrees.
   

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   decision-making tools.
   
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   estate trends.
   
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 * REALTOR® Store
   
 * Contact
   
 * Pay Dues
   
 * Sign In
   

 * Real Estate Topics
   Real Estate Topics
   
   
   Your resource for all things Real Estate. Including Legal, Agent & Broker,
   and Property Rights Issues.
   View All
    * Competition in Real Estate
      Local broker marketplaces ensure equity and transparency. 
      Close
      
    * Marketing
       * Social Media
       * Sales Tips & Techniques
       * MLS & Online Listings
       * View More
      
      Close
      
    * Being a Real Estate Professional
       * Starting Your Career
       * Being a Broker
       * Being an Agent
       * View More
      
      Close
      
   
    * Residential Real Estate
       * Condominiums
       * Smart Growth
       * Vacation, Resort, & 2nd Homes
       * FHA Programs
       * View More
       * Home Inspections
      
      Close
      
    * Legal
       * Arbitration & Dispute Resolution
       * Fair Housing
       * Copyright
       * View More
      
      Close
      
    * 
      Close
      
   
   More
   Close
   
 * Membership
   Providing Membership Value
   
   
   Whether you’re a new agent or an experienced broker you have access to a wide
   array of resources designed to help you succeed in today's market.
    * 
      Close
      
    * All Membership Benefits
    * NAR REALTOR Benefits®
      Bringing you savings and unique offers on products and services just for
      REALTORS®.
      Close
      
    * Directories
      Complete listing of state and local associations, MLSs, members, and more.
      Close
      
   
    * Dues Information & Payment
    * Become a Member
      As a member, you are the voice for NAR – it is your association and it
      exists to help you succeed.
      Close
      
    * Logos and Trademark Rules
      Only members of NAR can call themselves a REALTOR®. Learn how to properly
      use the logo and terms.
      Close
      
    * Your Membership Account
      Review your membership preferences and Code of Ethics training status.
      Close
      
   
   Close
   
 * Research & Statistics
   Market Behavior
   
   
   Including home buying and selling, commercial, international, NAR member
   information, and technology. Use the data to improve your business through
   knowledge of the latest trends and statistics.
    * Highlights & News
      Get the latest top line research, news, and popular reports.
      Close
      
    * Housing Statistics
      National, regional, and metro-market level housing statistics where data
      is available.
      Close
      
    * Research Reports
      Research on a wide range of topics of interest to real estate
      practitioners.
      Close
      
   
    * Presentation Slides
      Access recent presentations from NAR economists and researchers.
      Close
      
    * State & Metro Area Data
      Affordability, economic, and buyer & seller profile data for areas in
      which you live and work.
      Close
      
    * Commercial Research
      Analysis of commercial market sectors and commercial-focused issues and
      trends.
      Close
      
    * Statistical News Release Schedule
   
   Close
   
 * Advocacy
   Representing Your Industry
   
   
   NAR is widely considered one of the most effective advocacy organizations in
   the country.
    * Advocacy Issues & News
    * Federal Advocacy
      From its building located steps away from the U.S. Capitol, NAR advocates
      for you.
      Close
      
    * REALTORS® Political Action Committee (RPAC)
      Promoting the election of pro-REALTOR® candidates across the United
      States.
      Close
      
    * State & Local Advocacy
      Resources to foster and harness the grassroots strength of the REALTOR®
      Party.
      Close
      
   
    * REALTOR® Party(link is external)
      A powerful alliance working to protect and promote homeownership and
      property investment.
      Close
      
    * Get Involved
      Now more than ever, it is critical for REALTORS® across America to come
      together and speak with one voice.
      Close
      
   
   Close
   
 * Education
   Advancing Your Career
   
   
   NAR and its affiliated Institutes, Societies, and Councils offer a wide
   selection of real estate training options.
    * All Education & Professional Development
    * All NAR & Affiliate Courses
      Continuing education and specialty knowledge can help boost your salary
      and client base.
      Close
      
    * Code of Ethics Training
      Fulfill your COE training requirement with free courses for new and
      existing members.
      Close
      
    * Continuing Education (CE)
      Meet the continuing education (CE) requirement in state(s) where you hold
      a license.
      Close
      
   
    * Designations & Certifications
      Acknowledging experience and expertise in various real estate specialties,
      awarded by NAR and its affiliates.
      Close
      
    * Library & Archives
      Offering research services and thousands of print and digital resources.
      Close
      
    * Commitment to Excellence (C2EX)
      Empowers REALTORS® to evaluate, enhance and showcase their highest levels
      of professionalism.
      Close
      
    * NAR Academy at Columbia College
      Academic opportunities for certificates, associates, bachelor’s, and
      master’s degrees.
      Close
      
   
   Close
   
 * News & Events
   News & Events
   
   
   Stay current on industry issues with daily news from NAR. Network with other
   professionals, attend a seminar, and keep up with industry trends through
   events hosted by NAR.
    * Latest News
    * NAR Newsroom
      Official news releases from NAR.
      Close
      
    * REALTOR® Magazine
      Advancing best practices, bringing insight to trends, and providing timely
      decision-making tools.
      Close
      
    * Blogs
      Commentary from NAR experts on technology, staging, placemaking, and real
      estate trends.
      Close
      
    * Newsletters
      Stay informed on the most important real estate business news and business
      specialty updates.
      Close
      
   
    * NAR NXT, The REALTOR® Experience
    * REALTORS® Legislative Meetings
    * AE Institute
    * C5 Summit
    * Leadership Week
    * iOi Summit
    * Sustainability Summit
    * All Events
   
   Close
   
 * About NAR
   Who We Are
   
   
   America's largest trade association, representing 1.5 million+ members,
   including NAR's institutes, societies, and councils, involved in all aspects
   of the residential and commercial real estate industries.
    * Mission, Vision, and Diversity & Inclusion
    * Code of Ethics
    * Leadership & Staff
      National, state & local leadership, staff directories, leadership
      opportunities, and more.
      Close
      
    * Committee & Liaisons
    * History
      Founded as the National Association of Real Estate Exchanges in 1908.
      Close
      
    * Affiliated Organizations
   
    * Strategic Plan
      NAR’s operating values, long-term goals, and DEI strategic plan.
      Close
      
    * Policies
    * Governing Documents
      Code of Ethics, NAR's Constitution & Bylaws, and model bylaws for state &
      local associations.
      Close
      
    * Awards & Grants
      Member recognition and special funding, including the REALTORS® Relief
      Foundation.
      Close
      
    * NAR's Consumer Outreach
   
   Close
   
 * More
   Browse by Section
   
   
   View All
    * Top Directories
       * Find a Member
       * Browse All Directories
       * Find an Office
       * Find an Association
       * NAR Group and Team Directory
       * Committees and Directors(link is external)
      
      Close
      
    * By Role
       * Broker
       * Association Executive
       * New Member
       * Student
       * Appraiser
       * State & Local Volunteer Leader
      
      Close
      
   
    * By Specialty
       * Commercial
       * Global
       * Buyer's Rep(link is external)
       * Senior Market(link is external)
       * Short Sales & Foreclosures(link is external)
       * Land(link is external)
       * Green(link is external)
      
      Close
      
    * Multimedia
       * Infographics
       * Videos
       * Quizzes
      
      Close
      
   
    * Video Series
       * First-Time Buyer(link is external)
       * Level Up
       * Window to the Law
       * Next Up: Commercial
       * New AE Webinar & Video Series
      
      Close
      
    * Podcasts
       * Drive With NAR
       * Real Estate Today
       * Center for REALTOR® Development
      
      Close
      
    * Programs
       * Fair Housing
       * Safety
       * Leading with Diversity
       * Good Neighbor
       * NAR HR Solutions
      
      Close
      
   
   More
   Close
   

UNDERSTAND MARKET BEHAVIOR


RESEARCH AND STATISTICS

NAR PRODUCES AND ANALYZES A WIDE RANGE OF REAL ESTATE DATA THAT CAN HELP GUIDE
YOUR BUSINESS AND YOUR CLIENTS.

 * Top
 * Housing Statistics
 * State & Metro Area Data
 * Research Reports
 * Presentations
 * Latest News

 * Housing Statistics
   
 * State & Metro Area Data
   
 * Research Reports
   
 * Presentations
   
 * Latest News
   




LATEST HOUSING INDICATORS

Sales
June
4.16 million units*

Median
Price

$410,200
Housing Starts
June
1,434,000*
New Home Sales
May
763,000*

*seasonally adjusted annual rate

Quarterly U.S. Economic Forecast (PDF: 130 KB)
Citation guidelines for NAR Research & Statistics


TWEETS FROM @NAR_RESEARCH


LATEST HOUSING STATISTICS AND REAL ESTATE MARKET TRENDS

HOUSING AFFORDABILITY INDEX

The Housing Affordability Index measures whether or not a typical family earns
enough income to qualify for a mortgage loan on a typical home.

PENDING HOME SALES SNAPSHOT

Infographic
July 27, 2023
 * See and share this infographic.
 * Get the latest data.
 * Read the news release.


EXISTING-HOME SALES HOUSING SNAPSHOT

Infographic
June 22, 2023
 * See and share this infographic.
 * Get the latest data.
 * Read the news release.


EXISTING-HOME SALES

-3.3%
Existing-home sales slipped in June 2023, with sales varying among the four
major U.S. regions: the Northeast experienced gains, the Midwest held steady,
and the South and West posted decreases. All four regions recorded
year-over-year sales declines.
Existing-Home Sales data
PENDING HOME SALES

+0.3%
In June 2023, pending home sales registered a modest increase of 0.3% from the
previous month, the first increase since February. The South and West posted
monthly losses, while sales in the Northeast and Midwest grew. All four U.S.
regions saw year-over-year declines in transactions.
Pending Home Sales data
HOUSING STATISTICS AND REAL ESTATE MARKET TRENDS

National, regional, and metro-market level housing statistics where data is
available.

View All

LATEST STATE & METRO AREA DATA

REALTORS® AFFORDABILITY DISTRIBUTION CURVE AND SCORE

This score measures housing affordability at different income percentiles for
all active inventory on the market.

HOME BUYERS BY METROPOLITAN STATISTICAL AREA

Map
May 6, 2019
NAR created metropolitan statistical area (MSA) profiles covering demographics
and characteristics of home buyers in the U.S. for REALTOR® insight.

COUNTY MEDIAN HOME PRICES AND MONTHLY MORTGAGE PAYMENT

Report
July 10, 2023
Median home values were calculated for 3,119 counties and county-equivalents in
the U.S. Home values represent the value of all homes, not home sales.


View All



THE LATEST FROM OUR RESEARCH DESKS

INTERNATIONAL TRANSACTIONS IN U.S. RESIDENTIAL

Report
August 1, 2023
The report highlights foreign client purchases and sales of U.S. residential
property, and looks at U.S. clients seeking to buy property abroad.

JULY 2023 COMMERCIAL REAL ESTATE MARKET INSIGHTS

Report
July 18, 2023
Leasing velocity slowed in commercial real estate during Q2 2023, and there are
rising concerns and speculation about where the market is headed.

HIGHLIGHTS FROM THE NAR MEMBER PROFILE

Report
July 11, 2023
Based on a random sampling of NAR's membership, the Member Profile strives to
answer the question "Who are REALTORS®?".
2023 Member Profile Highlights

View All Reports



FEATURED PRESENTATIONS

Real Estate Market Outlook August 2023
August 8, 2023: Presented by NAR Chief Economist Lawrence Yun at the NAR Real
Estate Forecast Summit.



--------------------------------------------------------------------------------



NAR Real Estate Forecast Summit August 2023
August 8, 2023: Presented by NAR Deputy Chief Economist Jessica Lautz at the NAR
Real Estate Forecast Summit.



--------------------------------------------------------------------------------

View All Presentations


LATEST RESEARCH NEWS

AFFORDABILITY CONDITIONS CONTINUE TO WEAKEN IN JUNE 202

August 15, 2023
Compared to one year ago, affordability fell in June as the monthly mortgage
payment climbed 12.1% and median family income rose by 4.2%.

RECORD-HIGH INCREASE IN 53.8% OF METRO AREAS IN 2023 Q2

August 14, 2023
Median home prices rose by 8.5% in Q2 2023 compared to Q1, however, national
median prices fell 2.4% year-over-year to $402,600.

INSTANT REACTION: MORTGAGE RATES, AUGUST 10, 2023

August 10, 2023
Mortgage rates continued climbing today to 6.96% from 6.90%.

METRO AREAS WITH TOP PRICE GAINS IN 2023 Q2

Infographic
August 10, 2023
The top 10 metro areas with the largest year-over-year price increases all
recorded gains of at least 10.4%, with six of those markets in the Midwest.

LAWRENCE YUN ON THE STATE OF THE U.S. HOUSING MARKET

August 4, 2023
Lawrence Yun, chief economist for NAR, talked about the state of the nation's
housing market and rising interest rates.

INSTANT REACTION: JOBS, AUGUST 4, 2023

August 4, 2023
The 187,000 net new payroll jobs created in July and 185,000 in June are the
slowest two months of job additions since the COVID lockdown began.

INSTANT REACTION: MORTGAGE RATES, AUGUST 3, 2023

August 3, 2023
As predicted by the U.S. government rating downgrade from AAA to AA+, the
mortgage interest rate for the 30-year fixed increased from 6.81% to 6.9.

NAR REAL ESTATE FORECAST SUMMIT: RESIDENTIAL UPDATE

Video
August 3, 2023
Watch the recording of the August 2, 2023 NAR Real Estate Forecast Summit:
Residential Update.

NAR REAL ESTATE FORECAST SUMMIT

Presentations
August 2, 2023
These slides were presented by NAR Deputy Chief Economist Jessica Lautz at the
NAR Forecast Summit on August 2, 2023.

REAL ESTATE MARKET OUTLOOK AUGUST 2023

Presentations
August 2, 2023
These slides were presented by NAR Chief Economist Lawrence Yun at the NAR
Forecast Summit on August 2, 2023.

MILLENNIALS STILL LAG AMID GAINS IN HOMEOWNERSHIP

August 2, 2023
It's important to break down the myths about why millennials aren't buying
homes. Let's take a look at the numbers and what the measures mean.

PENDING HOME SALES RISE MODESTLY IN JUNE 2023

August 1, 2023
June 2023's pending home sales pace rose 0.3% from the previous month but fell
15.6% year-over-year.



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