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
May
4.11 million units*

Median
Price

$419,300
Housing Starts
May
1,277,000*
New Home Sales
April
634,000*

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 May 2024, existing-home sales fell slightly as the median sales price climbed to a record high. In the four regions of the U.S., sales declined month-over-month in the South but were unchanged in the Northeast, Midwest, and South. Year-over-year, sales rose in the Midwest but receded in the Northeast, South, and West.

Pending Home Sales

Pending home sales in May slipped 2.1%, with the Midwest and South posting monthly losses in transactions while the Northeast and West recorded gains. Year-over-year, all U.S. regions registered reductions.

Latest State & Metro Area Data

The Latest From Our Research Desks

Residential Real Estate Market Snapshot

Report
July 15, 2024
This monthly report provides insight into economic indicators that affect the housing market, including interest rates, employment, and inflation.

Featured Presentations

Cover slide: Economic Update, presented by Dr. Lawrence Yun at the 2024 REALTORS® Legislative Meetings in Washington, DC

May 2024 Economic Update
May 7, 2024: Presented by NAR Chief Economist Lawrence Yun at the Residential Economic Issues & Trends Forum at the 2024 REALTORS® Legislative Meetings


Cover slide: Messaging the Data, presented by Dr. Jessica Lautz at the 2024 REALTORS® Legislative Meetings in Washington, DC

Messaging the Data
May 7, 2024: Presented by NAR Deputy Chief Economist Jessica Lautz at the Residential Economic Issues & Trends Forum at the 2024 REALTORS® Legislative Meetings


Cover slide: Commercial Update, presented by Dr. Lawrence Yun at the 2024 REALTORS® Legislative Meetings in Washington, DC

May 2024 Commercial Update
May 7, 2024: Presented by NAR Chief Economist Lawrence Yun at the Commercial Economic Issues & Trends Forum at the 2024 REALTORS® Legislative Meetings


Cover of Eric M. Goldberg's slides: Commercial Line: Insurance Trends

Commercial Lines: Insurance Trends
May 7, 2024: Presented by Eric M. Goldberg, Department Vice President and Counsel, Commercial Lines for the American Property Casualty Insurance Association, at the Commercial Economic Issues & Trends Forum at the 2024 REALTORS® Legislative Meetings in Washington, DC.


Cover slide: Exploration of Retail Crime, Oleh Sorokin's presentation slides from the 2024 REALTORS® Legislative Meetings

Exploration of Retail Crime and Commercial Update
May 5, 2024: Presented by Oleh Sorokin at the Commercial Real Estate Research Advisory Board at the 2024 REALTORS® Legislative Meetings in Washington, DC.

Latest Research News

Residential Real Estate Market Snapshot

Report
July 15, 2024
This monthly report provides insight into economic indicators that affect the housing market, including interest rates, employment, and inflation.