Research and Statistics

Why are women more likely to buy homes, and how do their financials compare to single men buying homes? NAR Research takes a look at the answers.

NAR used estimates from the American Community Survey to provide a snapshot of housing in America in 2020.

The unemployment rate continued to plunge and is now at 4.2%, which is actually below March 2020 levels when the ugly COVID virus came to the country. This measurement should be taken with a grain of salt, however, since only those searching for a job are counted.

The industrial sector is on pace for a historical year despite the supply chain issues that had an impact on the shipping of goods.

The pending home sales pace in October 2021 increased 7.5% last month but fell 1.4% from a year ago.

Mortgage rates remained relatively flat this week, despite rising concerns of the omicron COVID variant, rising slightly to 3.11% from 3.10% the previous week. These low mortgage rates continue to offer favorable conditions to homebuyers and homeowners who want to refinance.