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 of Lawrence Yun's presentation slides: Real Estate and Economic Outlook Midyear NAR Forecast Summit July 2024

Real Estate and Economic Outlook July 2024
July 22, 2024: Presented by NAR Chief Economist Lawrence Yun at the NAR Real Estate Forecast Summit: Residential Update


Cover of Jessica Lautz's presentation slides: NAR Real Estate Forecast Summit, July 2024

NAR Real Estate Forecast Summit: Residential Update
July 22, 2024: Presented by NAR Deputy Chief Economist Jessica Lautz at the NAR Real Estate Economic Forecast Summit: Residential Update


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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.