Market News
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Realtors® Report Positive Trends in Commercial Market with Increases in Income, Transactions
January 01, 1970
WASHINGTON (May 23, 2013) – Realtors® who practice commercial real estate have reported an increase in annual gross income for the third year in a row, signaling the market is on the road to recovery. According to the National Association of Realtors® 2013 Commercial Member Profile, transactions and sales volume have also increased since last year.
The study shows median annual gross income for 2012 was $90,200, an increase from $86,000 in 2011 and is at its highest level since 2008…. Read More
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REALTORS® Confidence Index
January 01, 1970
April Highlights:
The RCI April survey points to a real estate market that is headed for stronger gains in the coming months. The REALTORS® Confidence Index-Current Conditions, the RCI-Six-Month Outlook, and the Buyer Traffic Index all rose strongly in April. Respondents generally reported rising prices and shorter days on the market. However, inventory shortages and tight credit conditions remained as major threats to the broader and sustained recovery of the real estate market.
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April Existing-Home Sales Up but Constrained
January 01, 1970
WASHINGTON (May 22, 2013) – Existing-home sales rose in April but remain below underlying demand because of limited inventory and tight credit, according to the National Association of Realtors®. All regions are showing strong price gains from a year ago.
Total existing-home sales1, which are completed transactions that include single-… Read More
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2013 NAR Member Profile Report Infographic
January 01, 1970
Based on a random sampling of NAR’s membership, the Member Profile strives to answer the question: Who are REALTORS®? It looks at a variety of economic and demographic characteristics, and business practices.
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Opportunities Abound in Housing Market but Challenges Remain
January 01, 1970
WASHINGTON (May 17, 2013) – The shape of homeownership and housing markets has changed dramatically over time and will continue to change in the face of new housing opportunities and challenges. That’s according to panelists at the “Challenges and Opportunities in Housing and Homeownership” session today during the Realtors® 2013 Midyear Legislative Meetings & Trade Expo here.
During the session, academics from DePaul University, George Mason University, University of North Carolina and the University of Maryland presented various research and data… Read More
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Realtor® Confidence in Commercial Market Growing
January 01, 1970
Realtors® who specialize in commercial real estate expressed optimism and confidence in the market during a forum at the Realtors® Midyear Legislative Meetings & Trade Expo. Despite a slow turning economy, commercial practitioners believe the market is not only better off than it was a year ago, but also will continue to improve.
National Association of Realtors® chief economist Lawrence Yun joined several Realtor® commercial practitioners on a panel to… Read More
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Forecast for Housing and the Economy Solidifying, Future Tax Treatment Important
January 01, 1970
Growth in home sales and prices is contributing to a broader improvement in the overall economy, aided in part by current homeownership tax treatment, according to presentations at a residential real estate forum during the Realtors® Midyear Legislative Meetings & Trade Expo.
Lawrence Yun, NAR chief economist, said a multiyear housing recovery is likely. “Steady job creation and household formation have been helping to unleash a pent-up demand in the housing market… Read More
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Member Profile
January 01, 1970
Read the news release about the 2013 Member Profile Survey report.
In 2012, many areas of the country started to see both home sales and prices rebounding. Unlike in past years, however, those markets still struggling saw not a shortage of buyers but a shortage of sellers. Inventory dropped from months of supply to just a few weeks in many markets. Survey data from the Investment and Vacation Home Buyers Survey show that investment buyers remained high, but many primary home… Read More
