NAR Research Archive

Existing-Home Sales Hit Rough Patch in February

Talk to a Realtor® in much of the country right now and they’ll all echo a similar narrative: homes are selling quickly because there are not enough listings on the market. It’s why existing sales stumbled in February and price...

Appraiser Survey Shows Challenges Remain for Practitioners

There’s been a lot of talk within the industry about appraisals lately, especially on issues like turnaround times, higher and/or “rush fees,” and the challenge of bringing new appraisers into the profession. The National Association of Realtors® just released fresh...

Instant Reaction: February Jobs Report

The following is NAR Chief Economist Lawrence Yun’s thoughts on this morning’s U.S. Bureau of Labor Statistics’ February jobs report: “The boosts to business and consumer confidence over the past few months is evidently leading to faster hiring. The...

2017 NAR Generational Survey: It’s Not All About the Millennials

There’s been a lot of hyperbole surrounding the housing wants and needs of millennials in recent years. Do they want to rent forever? No. Are they buying homes in the suburbs? Yes. Are they aware of the many low...

Instant Reaction: S&P/Case-Shiller Index

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s S&P/Case-Shiller index national home-price index reading for December: “Rising mortgage rates should not be boosting home prices, yet home values accelerated with a 5.8% annual gain in December...
February 28, 2017

January Existing-Home Sales: A Nice Start to the Year

Mortgage rates have shot up 38 basis points since last November’s cyclical existing sales peak of 5.60 million. One would think that would translate into a dip in sales activity at the beginning of 2017. Today’s report shows that...
February 22, 2017

Animal House! A New Report on Pets and Remodeling

According to a new report from the National Association of REALTORS®, a majority of Americans take their pets’ needs into account when making decisions about buying, selling or renovating their homes. The 2017 Animal House: Remodeling Impact report discussed the importance that...
February 13, 2017

Super Bowl LI: New England’s Higher Home Prices vs. Atlanta’s Faster Price Growth

Super Bowl Sunday is almost here: the New England Patriots (a shocker to nobody) vs. the Atlanta Falcons. Last month we looked at who would be the this year’s champion if the winner was determined based on the home price...

Instant Reaction: January Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S Bureau of Labor Statistics’ (BLS) January jobs report: “Job growth is critical in a rising interest rate environment. Every 10 basis point rise in mortgage rates can...

Instant Reaction: Q4 GDP Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Department of Commerce report on Gross Domestic Product (GDP) in the fourth quarter of 2016: “The economic growth of 1.9% in the final quarter was again...