Economists' Outlook

Housing stats and analysis from NAR's research experts.

Demand for rental units appears to remain strong based on rental price trends according to information from the July REALTORS® Confidence Index. Approximately 54 percent of REALTORS® conducting rentals reported higher residential rents compared to 12 months ago.  About 22 percent of  REALTORS® reported conducting an apartment rental.

What Does This Mean for REALTORS®? Depending on the property there may be significant financial advantages to buying rather than renting—particularly in the long run.  In addition, there are major social benefits associated with home ownership with major, favorable impacts on families:  Social Benefits of Homeownership and Stable Housing.

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.