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The 2023 REACH Canada cohort are focused on addressing some of the most critical and evolving real estate challenges, including aging in place, access to housing, environmental responsibility, and space utilization.

Compared to a year ago, the share of first-time home buyers dropped to a record low, while the age of a typical first-time buyer increased to an all-time high.

REALTORS® and real estate professionals worldwide will join one another Nov. 11-13 at the industry's flagship event to learn, share best practices, network, give back to the Orlando community, and focus on what’s new and coming soon to the ever-changing real estate industry.

Looking forward, cyber security, 5G and drones are expected to have the biggest impact on real estate in the next two years. Nearly half of Realtors® believe the metaverse will have an impact on real estate.

All NAR 2023 statistical and forecast news releases will be distributed at 10 a.m. Eastern Time.