• Employment growth has been positive in all but 24 or of the 164 markets tracked by NAR Research over the 4-quarter period ending in March. This trend indicates that 85% of markets experienced an improvement in employment, which is important for the confidence of potential homebuyers.
  • The strongest gains were concentrated in markets across Texas, but there have also been gains across the central south and the mountain states. A notable number of markets that experienced a decline in employment over this period were concentrated in the Northeast.
  • Additional information on local market trends is available in the Local Market Reports for the 1st quarter.