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
December
3.78 million units*

Median
Price

$382,600
Housing Starts
December
1,460,000*
New Home Sales
November
590,000*

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 December 2023, sales slipped in the Midwest and South, rose in the West and were unchanged in the Northeast. All four regions experienced year-over-year sales decreases. The latest month’s sales look to be the bottom before inevitably turning higher in the new year, according to NAR Chief Economist Lawrence Yun.

Pending Home Sales

Pending home sales surged in December 2023, with month-over-month and year-over-year transaction gains in the Midwest, West, and South and losses in the Northeast. NAR forecasts a 13% increase in existing-home sales from 2023 to 4.62 million in 2024.

Latest State & Metro Area Data

The Latest From Our Research Desks

December 2023 Foot Traffic

Report
January 23, 2024
Nationally, Sentrilock home showings were up 5% year-over-year. Showings rose in the South and Midwest regions, and fell in the Northeast and West.

Featured Presentations

Cover slide: Economic & Real Estate Outlook

Economic & Real Estate Outlook
December 12, 2023: Presented by NAR Chief Economist Lawrence Yun at the NAR Real Estate Forecast Summit: The Year Ahead


Cover of Lawrence Yun's slides: Commercial and Economic Outlook, November 15, 2023

Commercial and Economic Outlook
November 15, 2023: Presented by NAR Chief Economist Lawrence Yun at 2023 NAR NXT: The REALTOR® Experience.


Cover of Matt Vance's slides: U.S. CRE Capital Markets Update, November 15, 2023

U.S. CRE Capital Market Update
November 15, 2023: Presented by Matt Vance at 2023 NAR NXT: The REALTOR® Experience.


Cover of Lawrence Yun's slides: Housing and Economic Outlook, November 14, 2023

Housing and Economic Outlook
November 14, 2023: Presented by NAR Chief Economist Lawrence Yun at 2023 NAR NXT: The REALTOR® Experience.


Cover of Jessica Lautz's slides on The Latest Data in Real Estate

The Latest Data in Real Estate
November 13, 2023: Presented by NAR Deputy Chief Economist Dr. Jessica Lautz at 2023 NAR NXT: The REALTOR® Experience.


Latest Research News