The National Association of REALTORS® does research on a wide range of topics of interest to real estate practitioners, including market data, commercial, international, home buying and selling, NAR member information, and technology. Use the data they contain to improve your business through knowledge of the latest trends and statistics.
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Reports By Category | Alphabetically
The COVID-19 pandemic kicked adaptations into overdrive. This report provides insight into changes that were made during the pandemic across the real estate industry that are here to stay.
Analysis and Case Studies on Office-to-Housing Conversions
NAR analyzed how vacant office buildings are being converted into housing, examining conversions in 27 markets with the largest decline in occupancy since the pandemic and looking at market conditions and factors that led to the success of eight office-to-housing conversions in Maryland, Washington DC, New York, California, and Illinois.
Animal House: Pets in the Home Buying and Selling Process
This report analyzes REALTOR® recommendations and actions taken by home buyers and sellers to best accommodate their pets and present their homes in the best light.
NAR surveyed its members pertaining to data collectors in the appraisal process. This report contains the findings.
This report focuses on the impact of appraisals on the current market and member business in terms of cost, turn-around times, and other challenges and to measure member experiences with bias and discrimination in the appraisal process.
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With varying sizes, resources, and local markets, this report looks at how REALTOR® associations operate and compare to each other.
This report contains information from the Profile of Home Buyers and Sellers about specific buyer and seller types.
Career Choices in Real Estate: Through the Lens of Gender, Race, and Sexual Orientation
This survey looks at how and why members of the National Association of REALTORS® chose real estate as a career. The report also examines how each gender, race, ethnicity, and sexual orientation is doing once active in real estate. It includes data on both residential and commercial specialists.
CARE Report: Community Aid and Real Estate
This report provides insight on the monetary and volunteer contributions that general members at-large, broker-owners, and Association Executives (AEs) or Multiple Listing Service (MLS) Staff give to society.
Case Studies in Repurposing Vacant Hotels/Motels into Multifamily Housing
The five case studies presented in this report demonstrate that hotels and motels can be repurposed as multifamily housing and without Low Income Housing Tax Credit (LIHTC).
Case Studies in Repurposing Vacant Retail Malls
The case studies in this report showcase how vacant retail malls are being repurposed and the sources of financing for these projects.
The annual Commercial Lending Survey provides insights into REALTORS®' commercial financing conditions. The report details liquidity conditions, market impact, funding sources, and respondents' comments.
Commercial Real Estate Market Insights
The Commercial Real Estate Market Insights reports provide in-depth analysis and market insights on the commercial real estate market, with a focus on multi-family, office, industrial, and retail properties.
Commercial Real Estate International Business Trends
This annual report focuses on this significant segment of the economy and real estate markets.
Commercial Real Estate Metro Market Reports
The reports include economic, demographic, and commercial market data that provide REALTORS® with information on the factors driving commercial real estate transactions in 52 markets.
Commercial Real Estate Market Trends and Outlook
This quarterly report combines and replaces the Commercial Real Estate Market Survey and the Commercial Real Estate Outlook. If focuses on commercial transactions of REALTORS® and affiliate members, and opportunities and challenges facing commercial practitioners.
The research contained in this report shows an opportunity to help narrow the racial gap in homeownership and bring more first-time home buyers into the housing market.
The Double Trouble of the Housing Market
Since 2019, home prices rose nearly 30%, while inventory of homes for sale dropped significantly, reaching record lows in 2021 and creating "double trouble" for the residential market.
Downpayment Expectations and Hurdles to Homeownership
This report looks at downpayment expectations from U.S. home buyer households, consumers, and REALTORS®. It examines downpayment amounts, assistance, sources of downpayment, factors holding back savings for a downpayment, and related topics.
The Dual Impact of Lower Mortgage Rates on Affordability and Availability of Homes
With expected lower mortgage rates, buyers at all income levels will be able to afford a greater number of listings, thereby expanding their choices.
Expectations and Market Realities in Real Estate
This annual report focuses on economic outlook, capital markets, highlights and expectations for the five major commercial property sector markets, and a collective analysis of the commercial investment environment.
Flood Insurance Reports by State
Based on flood data from FEMA, CoreLogic, and the First Street Foundation, NAR has created reports underscoring the importance of flood insurance to property owners across the U.S.
Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future.
Global Alliances International Residential Real Estate Business Survey
Survey respondents were asked about the characteristics of five closed transactions with international clients. An international client is defined as one who is not a citizen of the country of the respondent.
This survey focuses on NAR members' health insurance: Do they have insurance? If not, why not? If so, what does it cover? What are the premiums and deductibles and terms of the policies? Are members interested in an NAR-sponsored health insurance plan?
Hidden Gems in the Housing Market
NAR identified top 10 markets with prices that were still undervalued relative to their underlying market fundamentals in 2021. These "hidden gem" markets are expected to experience stronger price appreciation relative to other markets in 2022.
Home Buyer and Seller Generational Trends Report
This annual report examines the generational differences of home buyers and sellers in the current real estate marketplace.
Home Price Gains by Years of Tenure
This study analyzes whether homeowners are more likely to experience a home price gain or loss during the period when they hold a home.
Housing Affordability and Food Sufficiency
The housing affordability crisis is an issue that has widespread budgetary implications for families. Using publicly available data, a strong connection is made between housing affordability and food insecurity in this report.
Housing Affordability & Supply
This unique analysis identifies the number of homes missing from a balanced housing market at each income level, and can help federal and local governments tackle issues of low affordability and low supply of homes.
While real estate is inherently local, each year NAR identifies markets expected to outperform based on key trends and metrics.
Housing Wealth Gains for the Rising Middle-Class Markets
Homeownership is the primary source of wealth creation. This study looks at the distribution of housing wealth between 2010 and 2020 across income groups and in 917 metropolitan or micropolitan areas.
The Impact of Student Loan Debt
Student loan debt is one of the biggest hurdles holding potential buyers back from being able to save for a downpayment on a home or to qualify for a mortgage due to the loan holder's debt-to-income ratio.
Inbound Referral Business of International REALTOR® Members
This study looks at the referrals International Realtor® Members (IRMs) receive from their contacts abroad and the challenges and opportunities regarding the international referral business.
International Transactions in U.S. Residential Real Estate
This annual report reveals the top five countries of origin for foreign home buyers and how these buyers are utilizing the services of REALTORS®.
Leasing Conditions in a Pandemic Environment
This survey covers information on the impact of the pandemic on renters and landlords alike on key indicators such as rent payment received, rent payment options for renters, leasing volume, vacancy, rents, common area maintenance fees, lease term, and changes in the workplace.
This report provides the REALTOR® perspective on 1031 like-kind exchanges, which allow for the deferral of tax owed on any gain from the sale of a real estate property as long as the proceeds are reinvested in a similar property.
Like-Kind Exchange Transactions of REALTORS® in 2016-2019
This report looks at the use of Section 1031 like-kind exchanges involving NAR members and assesses their views on the economic impacts of repealing Section 1031 as is being proposed by some current tax proposals.
The Loan Type Survey looks at multiple aspects of financing, including the types of loans and loan products members' clients are using, how they affect home buyers' offers, and what loan products are least attractive to home sellers.
Globalization affects the U.S. real estate industry with impacts far beyond large transactions in major markets. Foreign investment occurs in both the commercial and residential sectors in every state and in markets of all sizes.
Every quarter, NAR Research compiles and publishes local information on markets, state taxes and fiscal conditions, wealth gain by metro area, subprime ARM performance, mortgage conditions, the economic impact of real estate, and existing home sales and prices.
Mainstreet Organization of REALTORS® International Residential Transactions
Following the step-by-step processes discussed in these state-level case studies can help you learn to identify and cultivate global business, which is a growing real estate specialty in the U.S.
Marijuana and Real Estate: A Budding Issue
As marijuana intersects with real estate, the demand for both residential and commercial properties is a growing market. NAR surveyed its membership regarding their interaction with marijuana and the real estate sector in states where marijuana is legal.
The coronavirus has affected markets across the nation, but members are in the process of regaining their footing. This report provides a snapshot of the recovery process for both residential and commercial markets.
Meeting the Needs of Buyers and Sellers During and After the Pandemic
Real estate agents provide high value, and during a pandemic need to meet high expectations.
Markets With the Most Pent-up Housing Demand
NAR considered indicators that influence a metro area's market in identifying markets which will experience stronger activity in 2024.
Based on a random sampling of NAR’s membership, the annual Member Profile strives to answer the question: Who are REALTORS®? It looks at a variety of economic and demographic characteristics, and business practices.
Member Safety: Commercial
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NAR surveyed members about their feelings of safety in commercial real estate, their experiences, and precautions they take to protect themselves.
Member Safety: Residential
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NAR surveyed members about their feelings of safety, their experiences, and precautions they take to protect themselves.
Metro Area Housing Wealth Gains
Homeownership is the largest source of wealth among households, and contributes positively to the homeowner’s and children’s economic condition because the home equity can be tapped for other expenditures. These calculations, by metropolitan statistical area, are illustrative of the magnitude of the wealth gains over time.
Millions of people moved during the pandemic, driven by the opportunity to work remotely, the desire for more space, and better affordability. Where do people move a year into the pandemic? Are suburbs and small cities gaining even more movers?
This paper looks at the price differences among homes and how the purchase price can lead to further wealth gaps through equity in homeownership.
These quarterly surveys ask a sample of mortgage lenders about the QM rule’s impact on their business and how the rule could in turn impact consumers.
Most Popular Areas for Millennials
NAR analyzed employment gains, population trends, income levels and housing conditions in the largest 100 metropolitan statistical areas across the country to identify the best purchase markets for millennial homebuyers. This report focuses on the top 10.
The information in this report comes from NAR's Profile of Home Buyers and Sellers, and highlights the characteristics of families with children who are buying or selling a home.
NAR Flash Survey: Economic Pulse
NAR conducted a flash survey of members on the impact of the coronavirus on their market, including mortgage rates, buyer interest, and seller behavior.
Both potential and successful home buyers across races and ethnicities tested say they faced or are facing obstacles like a lack of affordable homes, a lack of homes that fit their criteria, competing with multiple offers, and saving for a down payment.
Profile of Home Buyers and Sellers
This annual report provides information on demographics, housing characteristics and the experience of consumers in the housing market. Buyers and sellers also share information on the role that real estate professionals play in home sales transactions.
Profile of Home Buyers and Sellers in Subregions
This report contains information from the Profile of Home Buyers and Sellers about buyers in subregions of the United States.
Profile of International Residential Real Estate Activity in Florida
Florida is the state which produces the largest share of U.S. residential home sales to international clients, accounting for 23 percent of total sales. NAR estimates these sales at $68.2 Billion to resident and non-resident foreigners. This is an annual report.
Profile of LGB Buyers and Sellers
This report examines the distinct differences found between LGB, bisexual, and heterosexual home buyers and sellers.
This annual focuses on firm executives who are members of NAR. The report provides insight into the business characteristics, business activity, franchised firms, benefits and education at firms, and the future outlook of firms.
Like the rest of the world, real estate has gone digital. Learn how buyers search for homes, and how REALTORS® use technology to get ahead.
The Real Estate Mantra: Locate Near Public Transportation
This study compares residential and commercial property sales near fixed-guideway stations with those in areas without public transit access.
This survey provides an overview on REALTORS®' current tech usage and attitudes about the future of real estate technology.
REALTORS® and Sustainability: Residential
Almost half of agents and brokers found that consumers were interested in sustainability, and nearly one-third of Realtors® were concerned about the effects of climate change events on the real estate market.
REALTORS® and Sustainability: Commercial
REALTORS® were surveyed about the building features that were most important to their commercial clients.
The monthly REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, and market conditions. In addition, the "Questions of the Month," feature results of a timely aspect of the housing market.
REALTORS® Land Institute—NAR Land Market Survey
This annual report is conducted jointly by the REALTORS® Land Institute and NAR. Its focus is to present accurate information on current trends in the land markets and on the general state of land sales.
This report takes a deep dive into the reasons for remodeling, the success of taking on projects, and the increased happiness found in the home once a project is completed.
Remodeling Impact Report: D.I.Y.
This report takes a deep dive into the differences between remodeling when hiring a professional compared to individuals who “do it yourself” (D.I.Y. ).
Remodeling Impact Report: Outdoor Features
This report looks at the reasons homeowners complete outdoor remodeling projects, the value of taking on such projects, and the increased happiness experienced by homeowners once a project is completed.
Residential Real Estate Market Snapshot
The Residential Real Estate Market Snapshot Report, updated monthly, provides important insight into the economic indicators that affect the housing market, such as interest rates, mortgage rates, employment, and inflation, among many others.
Snapshot of Race and Home Buyers in America
This report looks into the characteristics of who purchases homes, why they purchase, what they purchase, and the financial background for buyers based on race.
Social Benefits of Homeownership and Stable Housing
This report looks at how homeownership leads to positive social outcomes. It examines not only the ownership of homes, but also the impact of stable housing.
State-by-State Economic Impact of Real Estate Activity
How is the housing market in your state affecting the local economy? These annual reports outline the total economic impact of real estate related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance. Find out how much the real estate industry is affecting the gross state product for your area.
Top 10 Most Favorable Areas for Millennials During the Pandemic
These markets were chosen for affordability, inventory availability, strong presence of millennial residents, a lower share of the industries most affected by the lockdown, and fewer job losses during the pandemic than the average.
This report breaks down the share of home sales by primary residences, vacation homes, or investment properties, and presents several characteristics of the non-primary residence transaction.
Veterans and Active Military Home Buyers and Sellers Profile
This survey examines the differences and similarities between veteran and active military home buyers and sellers and those who have never served in the military.
Wealth Gains by Income and Racial/Ethnic Group
This report looks at how homeownership can be a catalyst for building wealth for households in low-/middle- income and minority groups.
Research Update
See this month's summary of the data, reports, blog posts, and instant reactions produced by NAR's research team.