Economy Archive

The Latest on Consumer Confidence

• People’s view of the economy is turning for the better. A record high stock market and continuing job additions are no doubt contributing to the better feelings. That in turn could move the economy into a virtuous cycle...

The REALTOR® University Speaker Series

NAR Research, in conjunction with REALTOR® University, is pleased to present a free learning resource for REALTORS® and life-long learners alike.  The REALTOR® University Speaker Series is a luncheon lecture series that is open to students, members, and the...

Always Important, Real Estate’s Influence Grows

The real estate industry has a significant role in the U.S. economy. Historically, real estate and related industries accounted for roughly 18% of GDP. While the economy slumped following the decline of the housing market, record low mortgage rates...

February Employment Situation

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses employment. The economy added 175,000 net new jobs in February, thereby bringing total...

Remarks on Housing from Janet Yellen, New Federal Reserve Chairman

In spite of rising mortgage rates housing has “good fundamentals” and is expected to continue to improve – that is the remark from the new Federal Reserve chairman. After a little more than a week in her role as...