Residential Real Estate Archive

Instant Reaction: Q2 Homeownership Rate

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Census Bureau report on the homeownership rate in the second quarter: “The homeownership rate rose by a decimal point to 63.7% over the quarter, but there...

An Early Summer Cooldown for Housing

The 1.8 percent decline in existing-home sales in June should come as no surprise if you closely follow NAR’s Pending Home Sales Index, which have declined for three straight months. Activity has been weaker lately because prospective buyers continue...

Instant Reaction: June Housing Starts

Below is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce report of a June rebound in housing starts: “Though a recovery in housing starts in June is welcome news, more consistent gains are needed to help...

Taking America’s Pulse on Homeownership

We can all agree that the American Dream of homeownership is a sentiment that Americans have held for generations.  It is to no surprise that the vast majority of people see owning a home as the best way to...

Bringing the Heat: the MLB All-Star Game and Miami’s Housing Market

Baseball’s best stars gather at Marlins Park in Miami tonight for the 88th MLB All-Star Game. Similar to the heat coming out of pitchers’ hands and off the bats of the game’s best hitters, Miami’s housing market is hot right now....

Staged for Sucess: NAR’s 2017 Profile of Home Staging

Most home sellers know to keep their home clean and clutter-free while it is on the market, but sometimes taking the extra step of staging the home can help a home sell faster and for a higher dollar value. According...
July 6, 2017

Introducing Housing Minute

Before you all venture off to celebrate the Fourth of July weekend, take a look at our new monthly video series, Housing Minute. Housing Minute uses animated video to highlight in under one minute the most important housing data...

Low Inventory Is Pushing Prices Up and Days on Market Down

Existing-homes rebounded nicely in May as more buyers navigated the headwinds of weaker affordability and limited listings in the affordable price range. It’s very evident that supply this spring severely lags demand in many parts of the country. It’s...

Realtors® extend support for 200 years of home history

The National Association of Realtors®, in partnership with the Smithsonian Institution, is helping keep alive the history of a house whose story is a snapshot of America itself. Since 2001, the National Association of Realtors® has sponsored the “Within...

Highlights from Lawrence Yun’s #NAREE17 Housing Forecast Presentation

The economic and housing forecast panel at the annual National Association of Real Estate Editors (NAREE) spring conference is always one of the most interesting and engaging sessions during the week. This year’s session in Denver did not disappoint....