Find out what NAR experts are saying about the housing market and economy. Contact us at [email protected] with questions.
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When will mortgage rates come down? 🏡📉 NAR Chief Economist Lawrence Yun weighs in on what could be ahead.
Have a question? Drop it in the comments or email [email protected].
NAR's quarterly Metropolitan Median Area Prices and Affordability report provides a breakdown of condo and co-op prices by metro market. Check out the latest from your market: nar.realtor/research-and-sta…
Home prices kept climbing in Q3 2026, with 78% of U.S. metro areas posting annual gains. The national median single-family existing-home price rose 1.7% from a year ago to $432,900.
nar.realtor/newsroom/home-pr…
Housing affordability improved slightly from a year ago. Typical families spent 24.1% of their income on mortgage payments in Q3, down from 24.5%, even as the typical monthly payment rose to $2,251.
This Halloween, home buyers may have a four-legged housemate in mind. In 2025, 16% of recent buyers considered outdoor space for pets and proximity to veterinary services important when choosing a neighborhood.
Explore their role more: nar.realtor/news/economists-…
Have questions about the market? Drop them in the comments or email to [email protected] for our Economists to answer LIVE on stage in New Orleans.
#NARNXT
Technology is helping REALTORS® save time and better serve clients. In 2026, 81% adopted new technology to save time, while 71% cited improving the client experience as a key motivation.
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Agent mobility is especially common mid-career. Nearly 1 in 4 members with 6–10 years of experience joined their current firm within the past year, compared to 8% of those with 26+ years of experience. Dedication to the industry, however, is consistent.
nar.realtor/news/economists-…
Agent retention becomes a bigger concern as firms grow. Just 8% of firms with 1–10 licensees cite retention as a challenge, compared with 53% of firms with 500 or more licensees.
Find more about how firms are dealing with retention: nar.realtor/news/economists-…
Lower property taxes could bring homeownership closer for younger Floridians. A $170 monthly reduction could put a starter home within reach of 93,500 more households under 45, including about 40,000 more renters.
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October typically brings a modest market cooldown: existing-home sales fall just 0.9% from September, while homes spend about 4 more days on the market. Less competition can create opportunities for buyers ready to move.
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How are rising interest rates impacting commercial real estate? NAR Chief Economist Lawrence Yun breaks it down. Have a question? Drop it in the comments or email [email protected].
Housing market conditions weakened in September as fast-rising mortgage rates prompted many buyers to pause their search. #NARPHS
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Hispanic homeownership remains higher than a decade ago, while the number of Hispanic households has grown 33.5% since 2015. Affordability remains a key hurdle to further gains.
More insights into Hispanic homeownership: nar.realtor/research-and-sta…
Higher mortgage rates weighed on homebuying activity in September. Pending home sales declined 7.3% from August and 11.3% from a year ago, with all four regions posting declines. #NARPHS
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“Despite the difficulty of obtaining a mortgage, the limited number of distressed properties is ensuring steady home prices,” Yun added. “Buyers and sellers may simply be holding back until mortgage rates move favorably.” #NARPHS
At the local level, pending home sales fell year-over-year even in the strongest markets. Among the 50 largest metro areas, the following 10 markets posted the smallest annual declines in pending home sales, according to data from Realtor.com® Economics: #NARPHS
