RESEARCH

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Economists' Commentary

Find out daily what NAR economists are saying about the real estate market.
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Trading Up or Down?

(August 15): While most Americans tend to upgrade to larger homes, only 39 percent of recent sellers acquired more expensive homes.
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Quick Take: August 19, 2008

(August 19): The Producer Price Index is up and housing starts are down with the FOMC continuing to be pulled in different directions by the data.
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REALTOR.org: Construction Ahead

As we transition to a new platform, Economist's Commentary updates may be delayed.

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Home Buyers Respond to Lower Metro Prices

(Aug. 14) Existing-home sales rose from the first quarter in 13 states, largely from buyers responding to discounted home prices, according to NAR's latest quarterly survey.
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New Homebuyer Tax Credit

(Aug. 8) As part of the Housing and Economic Recovery Act of 2008, a first-time homebuyer tax credit is now available. Find out more about it soon -- this tax break ends in mid-2009.
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FEATURED CONTENT

What's Your Local Market Like?

Chief Economist Lawrence Yun wants to hear about what is going on in your market.  

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Overview of Economic Terms

Learn a few key concepts to understand economic data released by NAR on the state of the housing market and the overall economy.

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Every Market is Unique

For members only, current state & local housing market reports that provide insight into the direction your market is going.

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Housing Indicators

Existing-Home Sales (May)

4.99 million units*

Existing-Home Median Price (May)

$208,600

Housing Starts (May)

975,000 units*

New Home Sales (May)

512,000 units*

*seasonally adjusted annual rate

More Economic Indicators >

NAR Forecast > (PDF: 57KB)

Upcoming Releases

August 14: 2nd Quarter Metro Home Prices/State Resales

August 20: Commercial Leading Indicator

News Release Schedule >

Member Savings

2008 NAR Member Profile

Provides an in-depth analysis of REALTORS®, including demographics, business activity, income, and more.

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