Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
America's largest trade association, representing 1.5 million+ members, including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
America's largest trade association, representing 1.5 million+ members, including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
Based on information from the May Realtors® Confidence Index, First-Time Buyers were 36 percent of the total Existing Home Sales market in April, down from 40 percent of the market the previous month. Demographics, the economy, and interest rates drive the First-Time Buyer segment of the market.
The Relocation (13 percent) and Other (15 percent, based on changing space needs) segments are dependent on economic conditions and can be expected to grow as the economy expands.
The Investor segment (20 percent) appears to be driven to a significant degree by the availability of lower priced distressed real estate, a situation that may continue for several more years.
The expanding world economy coupled with the decreasing value of the dollar is driving the international sector (3 percent).
General economic conditions drive the Second Home segment (20 percent) of the market.
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