Economic Updates Archive

A More Encompassing Look at Housing Affordability: REALTORS® Affordability Distribution Curve and Score

Because housing is a big part of many Americans’ financial wellbeing the ability to access homeownership – housing affordability – is an important topic. The National Association of REALTORS® (NAR) Housing Affordability Index is a great way to understand...

In Which States Did Properties Sell Most Quickly in February 2018?

Amid strong demand and tight supply, REALTORS® reported that properties that sold in February 2018 were typically on the market for 37 days, down from 45 days compared to the same month last year, according to the  February 2018...

First-time Buyers Sidelined by Lack of Supply and Rising Prices

Lack of homes available for sale and the concomitant rise in prices appears to be sidelining many first-time potential homebuyers in 2018. In the first two months of 2018, first-time buyers made up only 29 percent of home buyers...

Investors Still Active: 15 Percent of Homebuyers in February 2017

Despite rising prices, the share of investor and vacation home buyers has held steady in the past two years, with investors making up 15 percent of existing home buyers in February 2018, according to the February 2018 REALTORS® Confidence...

REALTORS® Reported Stronger Buyer Traffic in February 2018 Amid Healthy Job Growth

In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate buyer traffic...