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Understand Market Behavior

Research and Statistics

NAR produces and analyzes a wide range of real estate data that can help guide your business and your clients.

Latest Housing Indicators

Sales
August
4.04 million units*

Median
Price
$407,100
Housing Starts
August
1,283,000*
New Home Sales
July
714,000*

*seasonally adjusted annual rate

Quarterly U.S. Economic Forecast (PDF: 130 KB)
Citation guidelines for NAR Research & Statistics

Latest Housing Statistics and Real Estate Market Trends

Descriptive

Housing Affordability Index

The Housing Affordability Index measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home.

Existing-Home Sales

-0.7%
In August 2023, existing-home sales improved in the Midwest, were unchanged in the Northeast, and slipped in the South and West. All four regions recorded year-over-year sales declines.
Existing-Home Sales data

Pending Home Sales

+0.9%
Pending home sales increased 0.9% in July 2023 – rising for the second consecutive month. The Northeast and Midwest posted monthly losses, while sales in the South and West grew. All four regions of the U.S. saw year-over-year declines in transactions.
Pending Home Sales data

Latest State & Metro Area Data

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The Latest From Our Research Desks

Person in front of a laptop holding a pen and reviewing papers

Appraisal Process Report

Report
September 13, 2023
In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. This report contains the findings.

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Featured Presentations

Cover slide: Real Estate Market Outlook

Real Estate Market Outlook August 2023
August 15, 2023: Presented by NAR Chief Economist Lawrence Yun at the 2023 NAR Leadership Summit.

Cover page of Lawrence Yun's slides for the August 2, 2023 NAR Forecast Summit

Real Estate Market Outlook August 2023
August 8, 2023: Presented by NAR Chief Economist Lawrence Yun at the NAR Real Estate Forecast Summit.

Cover page of Jessica Lautz's slides for the August 2, 2023 NAR Forecast Summit

NAR Real Estate Forecast Summit August 2023
August 8, 2023: Presented by NAR Deputy Chief Economist Jessica Lautz at the NAR Real Estate Forecast Summit.

View All Presentations

Latest Research News

Person in front of a laptop holding a pen and reviewing papers

Appraisal Process Report

Report
September 13, 2023
In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. This report contains the findings.
Woman taking photo of house with fenced yard

Research Update

Report
September 12, 2023
Each month, the Research Update report provides a summary of the data, reports, blog posts, and instant reactions produced by NAR's research team.

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