NAR Research

Million‑dollar homes now make up 5.2% of U.S. housing, up from 1.3% in 2005. Growth is fastest in states like Utah, Idaho, Arizona, and Florida as rising prices reshape the luxury market. Use the dashboard to see how prices in your market have grown: nar.realtor/research-and-s…

Find out more in our new report, The Growing Gap Between Home Prices and Capital Gains Limits: nar.realtor/research-and-s…

Capital gains exposure is rising as fixed exclusions lag long‑term price growth. Many owners are near or pass limits, with $250K/$500K thresholds increasingly outpaced by appreciation.

Starter homes now demand starter‑plus incomes. Buyers need about $93K nationally, while some cities push well into six figures. Yet places like Decatur and Peoria remain far more attainable. See how a "starter home" looks like in your market: bit.ly/42wVaQA

Find more in the full report: nar.realtor/research-and-s…

The largest gains came from markets that saw the fastest price appreciation during the pandemic housing boom, including · Lakeland, FL (+18.3 percentage points) · McAllen, TX (+14.7 pp) · Las Vegas, NV (+14.0 pp) · New Orleans, LA (+13.2 pp) · Cape Coral-Fort Myers, FL (+13.0 pp)

Households today can access about one-quarter fewer homes than they could in a balanced market, according to a new joint report from the National Association of REALTORS® and Realtor.com®. nar.realtor/newsroom/new-m…

Pending home sales rose last month, building on March’s modest gains and helping to reverse what had been a sluggish start to the spring housing market. #NARPHS nar.realtor/magazine/real-…

In April 2026, pending home sales rose 1.4% month over month. #NARPHS nar.realtor/infographics/p…

At the local level, several markets posted notable year-over-year gains in pending home sales. Among the 50 largest metro areas, the following 10 markets posted the biggest annual increases in pending home sales, according to data from Realtor.com® Economics.

“Unless supply meaningfully increases, home price growth could outpace wage growth and further erode the homeownership rate. All efforts need to be focused on boosting housing supply,” Yun said.

Pending home sales in April increased by 1.4% month-over-month and rose 3.2% year-over-year. #NARPHS nar.realtor/newsroom/nar-p…