Find out what NAR experts are saying about the housing market and economy. Contact us at [email protected] with questions.
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Technology is helping REALTORS® save time and better serve clients. In 2026, 81% adopted new technology to save time, while 71% cited improving the client experience as a key motivation.
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Agent mobility is especially common mid-career. Nearly 1 in 4 members with 6–10 years of experience joined their current firm within the past year, compared to 8% of those with 26+ years of experience. Dedication to the industry, however, is consistent.
nar.realtor/news/economists-…
Agent retention becomes a bigger concern as firms grow. Just 8% of firms with 1–10 licensees cite retention as a challenge, compared with 53% of firms with 500 or more licensees.
Find more about how firms are dealing with retention: nar.realtor/news/economists-…
Lower property taxes could bring homeownership closer for younger Floridians. A $170 monthly reduction could put a starter home within reach of 93,500 more households under 45, including about 40,000 more renters.
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October typically brings a modest market cooldown: existing-home sales fall just 0.9% from September, while homes spend about 4 more days on the market. Less competition can create opportunities for buyers ready to move.
nar.realtor/news/economists-…
How are rising interest rates impacting commercial real estate? NAR Chief Economist Lawrence Yun breaks it down. Have a question? Drop it in the comments or email [email protected].
Housing market conditions weakened in September as fast-rising mortgage rates prompted many buyers to pause their search. #NARPHS
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Hispanic homeownership remains higher than a decade ago, while the number of Hispanic households has grown 33.5% since 2015. Affordability remains a key hurdle to further gains.
More insights into Hispanic homeownership: nar.realtor/research-and-sta…
Higher mortgage rates weighed on homebuying activity in September. Pending home sales declined 7.3% from August and 11.3% from a year ago, with all four regions posting declines. #NARPHS
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“Despite the difficulty of obtaining a mortgage, the limited number of distressed properties is ensuring steady home prices,” Yun added. “Buyers and sellers may simply be holding back until mortgage rates move favorably.” #NARPHS
At the local level, pending home sales fell year-over-year even in the strongest markets. Among the 50 largest metro areas, the following 10 markets posted the smallest annual declines in pending home sales, according to data from Realtor.com® Economics: #NARPHS
Agent retention remains a key challenge for real estate firms. 18% cite retention as a top concern, while 34% say departing licensees left for another real estate company, highlighting ongoing competition for talent.
Find more insights on agent retention: nar.realtor/news/economists-…
Hispanic households grew 33.5% over the past decade, nearly 4 times the national rate. With rising incomes, education and wealth, Hispanic households will continue shaping U.S. housing demand.
Find a deeper dive into Hispanic homeownership: nar.realtor/news/economists-…
The Monthly Housing Affordability Index measures whether a typical family earns enough income to qualify for a mortgage loan on a typical home at the national & regional levels based on the most recent monthly price and income data.
Check the latest data: nar.realtor/research-and-sta…
Florida property taxes rose 48% from 2019 to 2024. Lower taxes could save a typical homeowner about $2,400 a year while reducing the income needed to afford a median-priced home by about $8,600.
Find more in our analysis: nar.realtor/news/economists-…
Existing-home sales rose 1.5% in September 2026, with gains in the South and West. Sales held steady in the Midwest and declined in the Northeast. Despite the monthly increase, higher mortgage rates continue to limit how many buyers can qualify for a home. #NAREHS
Property taxes are another cost that we need to consider when talking about housing affordability.
In Florida, median annual property taxes increased 47% between 2019 and 2024, from $2,035 to $2,993, according to Census data.
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Reducing property taxes can help lower monthly housing costs, especially in a market like Florida, where buyers now have more options.