Trading Up and Trading Down: The Times Are A Changin’

Repeat home buyers have the option of trading up for a bigger home, purchasing a home similar in size, and trading down to a smaller home. This change in home size often corresponds to life changes. For instance, empty...
September 21, 2016

In Real Estate, Firms Are A Family Affair

In the 2016 Profile of Real Estate Firms, we surveyed our members for the first time on to learn if firms were family-run businesses and what type of family relationships exists within the firm. Members cited that 50 percent...
September 20, 2016

Construction Gap Improves, but Remains Wide

Summary: Despite strong gains in 2015, sluggish construction persists Supply constraints are wide spread Prices are likely to continue to rise in markets with inadequate supply in relation to job creation   While the homeownership rate tumbled in the...

Market Snapshot: Second Quarter 2016

NAR Research produces a series of Local Market Reports (LMRs) which provide insights into the fundamentals and direction of the nation’s largest metropolitan housing markets. Each report evaluates a number of factors affecting home prices, including: The health of...

Home Buyer and Seller Race and Ethnicity Trends

Since 1997, respondents of the Profile of Home Buyers and Sellers have had the option to choose as many or as few options for how they racially and ethnically identify themselves. Using this data, the ethnic and racial diversity...