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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
March
4.44 million units*

Median
Price
$375,700
Housing Starts
March
1,420,000*
New Home Sales
February
640,000*

*seasonally adjusted annual rate

Quarterly U.S. Economic Forecast (PDF: 130 KB)
Citation guidelines for NAR Research & Statistics

Latest Housing Statistics and Real Estate Market Trends

Descriptive

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

-2.4%
Existing-home sales fell 2.4% in March, with month-over-month sales remaining steady in the Northeast but declining in the other three regions of the U.S. All regions posted year-over-year decreases.
Existing-Home Sales data

Pending Home Sales

+0.8%
Pending home sales grew in February for the third consecutive month. Three U.S. regions posted monthly gains, while the West declined. All four regions saw year-over-year decreases in transactions.
Pending Home Sales data

Latest State & Metro Area Data

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The Latest From Our Research Desks

Small gray house with porch, landscaping, and concrete driveway and walkway

March 2023 Foot Traffic

Report
April 24, 2023
Home showings declined in all regions of the U.S. in March 2023: the Northeast region (-25%), Midwest (-19%), West (-18%), and the South (-11%).

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Featured Presentations

National Multifamily Housing Council Apartment Industry Overview March 22, 2023

National Multifamily Housing Council Apartment Industry Overview
March 22, 2023: Presented by Caitlin Sugrue Walter, Ph.D. Vice-President of the National Multifamily Housing Council at the NAR Real Estate Forecast Summit: Commercial Update

Economic and Commercial Real Estate Outlook for 2023

Economic and Commercial Real Estate Outlook for 2023
March 22, 2023: Presented by NAR Chief Economist Lawrence Yun at the NAR Real Estate Forecast Summit: Commercial Update.

Cover slide: Economic and Real Estate Outlook for 2023, by Lawrence Yun

Economic and Real Estate Outlook for 2023
December 13, 2022: Presented by NAR Chief Economist Lawrence Yun at the 2022 NAR Real Estate Forecast Summit: The Year Ahead

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Latest Research News

Small gray house with porch, landscaping, and concrete driveway and walkway

March 2023 Foot Traffic

Report
April 24, 2023
Home showings declined in all regions of the U.S. in March 2023: the Northeast region (-25%), Midwest (-19%), West (-18%), and the South (-11%).
Red brick Victorian house on tree-lined street

Existing-Home Sales Slid 2.4% in March

April 20, 2023
Month-over-month sales remained steady in the Northeast but declined in the other three regions of the U.S. All regions saw year-over-year decreases.
Single story brick house with porch and columns, echinacea in yard

REALTORS® Confidence Index

Report
April 20, 2023
This report is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners.
House model sitting on top of a money pile

Cash Rules

April 11, 2023
Since October 2022, the share of buyers purchasing their home without a mortgage has been more than one-quarter of the market.

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