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*

Latest Housing Statistics and Real Estate Market Trends

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

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.

Pending Home Sales

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.

Latest State & Metro Area Data

The Latest From Our Research Desks

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.

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.

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.

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.


Latest Research News

Home Building: Turning Point in View

Presentations
May 11, 2023
Presented by Dr. Robert Dietz at the Residential Economic Issues & Trends Forum at the 2023 REALTORS® Legislative Meetings in Washington, DC.