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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

-7.1%
Pending home sales fell 7.1% in August 2023, with all four regions of the U.S. posting month-over-month and year-over-year declines in transactions. Rising mortgage rates have reduced the pool of home buyers, who are having to readjust their expectations about the location and type of home they can afford.
Pending Home Sales data

Latest State & Metro Area Data

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The Latest From Our Research Desks

Agent showing client couple home interior

August 2023 Foot Traffic

Report
September 26, 2023
Nationally, Sentrilock home showings were down 9% year-over-year in August 2023. Showings declined in all four regions of the U.S.
Businessman walking to car in parking lot

Member Safety: Residential

Report
September 18, 2023
This report details how REALTORS® feel about their safety in residential real estate and what steps they are already taking to protect themselves.
Businesswoman looking over shoulder while walking on street in city

Member Safety: Commercial

Report
September 18, 2023
This report details how REALTORS® feel about their safety in commercial real estate and what steps they are already taking to protect themselves.

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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.

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