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Chief Economist Lawrence Yun shares insights about interest rates, tariff impacts, and why egg prices are irrelevant when it comes to your business. WATCH: nar.realtor/blogs/economis…

Both existing-home sales and pending sales slowed down in April. While mortgage rates remained high, buyers’ negotiating power increased due to improved inventory. The current unsold inventory is equivalent to a 4.4-month supply at the current sales pace. nar.realtor/research-and-s…

“Rising inventory may offer more choices to homebuyers, increase their negotiating power, and help boost homebuying and sales activity later in the quarter,” NAR's Nadia Evangelou says. bankrate.com/real-estate/ho…

The national unemployment rate was at 4.2% in May 2025. While real estate demand comes from job gains, South Carolina led the pack with 2.7% more payroll employment from one year ago. Check out how your state is performing below:

This monthly report provides insight into economic indicators that affect the housing market, including interest rates, employment, and inflation. nar.realtor/research-and-s…

As we celebrate Independence Day, let's take a look at the typical American home.

“When we look at successful first-time homebuyers, they're getting in with that typical down payment of 9%,” Lautz said. “Knowing that data could make that potential buyer say, ‘Maybe this is within reach to me.’” mpamag.com/us/mortgage-in…

The real estate market is opening opportunities for prospective home shoppers, but a big segment of buyers remains largely shut out. nar.realtor/magazine/real-…

Buyers have many loan options. Among first-time buyers, 29% used an FHA loan, which allow borrowers to put down just a 3.5% down payment. 9% of first-time buyers used a VA loan with no down payment is required. More info: nar.realtor/blogs/economis…

"Dating back to 2018, the typical down payment for rookies has ranged from just 6% to 9%, Dr. Jessica Lautz found. Going back to 1989, when NAR first started collecting this data, the average has only been as high as 10%." nationalmortgageprofessional.com/news/truth-abo…

The Real Estate Forecast Summit is in one week (July 16). Register today for the free webinar and get the most current insights on the economy and housing data to support your business and your clients, from the experts at NAR: nar.realtor/events/nar-rea… #NARForecastSummit

May's inventory of unsold listings was 1.54M units, up 6.2% from April and 20.3% from one year ago, equivalent to a 4.6-month supply at the current sales pace, up from 4.4 months in April and 3.8 months in May 2024. Read more market analysis: nar.realtor/research-and-s…

A spring report confirms that home buyers are starting to see more options, but also emphasizes that overall supply is still falling short of meeting demand in many markets—and deterring a major segment of prospective home buyers. nar.realtor/magazine/real-…

This monthly report provides insight into economic indicators that affect the housing market, including interest rates, employment, and inflation. nar.realtor/research-and-s…

NAR Deputy Chief Economist Dr. Jessica Lautz offers advice for first-time home buyers. WATCH: nar.realtor/blogs/economis…

Nearly 70% of first-time home buyers use savings for their down payment. While 25% get gifts from friends/relatives (down from 36% in 2010), their use of financial assets has risen to 21% from 8-11% (1997-2002). nar.realtor/blogs/economis…

Looking for a useful graphic to share with clients, agents, or others? Our infographics are available - and sharable - from one place: nar.realtor/infographics

NAR’s Deputy Chief Economist Dr. Jessica Lautz shares how first-time buyers can learn from others who made it happen in the past year. Get inspired and informed in the latest Ask the Economist. youtube.com/watch?v=vvSyIQ…

Don't miss this Wednesday's #NARForecastSummit, with a midyear update on the economy and housing, how buyers are reacting to current conditions, and the latest in migration trends. Register (free) here: nar.realtor/events/nar-rea…

The Monthly Housing Affordability Index measures whether or not a typical family earns enough income to qualify for a mortgage on a typical home at the national and regional levels based on the most recent monthly price and income data. View the latest: nar.realtor/research-and-s…