Inside the Release Archive

Home Prices at All-Time High in 63 Percent of Metro Areas

We reported yesterday that single-family home prices rose in 92 percent of NAR’s measured markets during the final three months of 2017. Add the 5.3 percent price growth overall last year, and the cumulative price gain nationally since 2011 is...
February 14, 2018

WATCH: Realtors® January Housing Minute: A 52-Second Video of Market Activity

Existing-home sales closed 2017 on a softer note, but the prospects for sales gains in the months ahead look brighter as contract activity edged higher in December for the third straight month. Visit https://www.nar.realtor/videos/housing-minute to watch a 52-second, animated...

2017 in Review: Housing Market Superlatives

The calendar may have turned to 2018 yesterday, but with one month of 2017 data remaining, here’s a look at some of the top housing highlights from last year: Strongest existing-home sales pace November: 5.81 million Slowest existing-home sales...

November Sales Surprise to a Near 11-Year High; Contract Signings Also Rise

In what reflects the significant amount of pent-up demand in today’s housing market, existing-home sales surged in November to their strongest pace since December 2006. Good news was also found in November’s pending sales data.  Whether it’s been weakening...
December 27, 2017

WATCH: Realtors® November Housing Minute

Existing-home sales and contract signings saw strong gains in October, but both remained below year ago levels because of the persistent supply and affordability barriers in much of the country. Watch above, or visit https://www.nar.realtor/videos/housing-minute to view a 56-second,...
November 30, 2017

The Anatomy of a First-time Buyer in 2017

Prospective first-time buyers in recent years have had to navigate several obstacles on their path to homeownership, including higher rents and home prices, tight inventory conditions and repaying student loan debt. These impediments are a big reason why first-timers...
November 14, 2017

NAR’s 2018 Housing and Economic Forecast

NAR Chief Economist Lawrence Yun presented his 2018 economic and housing forecast this morning here at the 2017 Realtors® Conference and Expo in Chicago. Yun expects existing-home sales to rise 3.7 percent next year. However, there are some caveats. Low...
November 3, 2017

WATCH: October Housing Minute

Existing-home sales slightly rose in September and contract activity was flat, despite continued weakness in overall housing supply and the temporary impact Hurricane’s Harvey and Irma had on sales in parts of Texas and Florida. Visit https://www.nar.realtor/videos/housing-minute to watch...

NAR 2017 Home Sales Forecast Downgraded

Blame supply and affordability headwinds and Hurricane Harvey damage in Houston for August’s 2.6 percent decline in pending home sales. In the video below, I chat with NAR Chief Economist Lawrence Yun about why sales have stalled in recent...
September 27, 2017

Student Debt Delaying Millennials’ Life

NAR Research’s new survey out today on millennial student debt offers up some sobering news that has both implications for the housing market and overall economy. Consider the key findings highlighted below. Millennials are typically carrying a student debt load...
September 18, 2017