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“Affordability remains the biggest hurdle for first-time buyers,” said Jessica Lautz, NAR deputy chief economist and vice president of research. “The share of first-time buyers is still about half the historical norm of 40% seen before 2008, and those saving on their own continue to face high rent, student debt, and a shortage of homes they can afford.”

NAR's Yun: Significant Pent-Up Housing Demand Could Be Released as Supply, Affordability and Confidence Improve
November 06 2026

Yun compared today’s economy with the year 2000. Since then, the U.S. population has grown from 281 million to 350 million, and payroll jobs have risen from 132 million to 159 million. Housing wealth has grown from $7 trillion to $35 trillion. Yet existing-home sales are running near 4 million this year, below the 5.2 million homes sold in 2000.

Multifamily Developer Confidence Weakens in Third Quarter
November 05 2026

“Developer sentiment about new multifamily production has definitely softened, due to challenges such as rising interest rates, construction costs that are high relative to rents, and problems getting projects approved and connected to roads and utilities,” said Kip Lewis, director of construction management at OCCH in Columbus, Ohio, and chairman of NAHB’s Multifamily Council. “As a result, many projects are taking longer to complete.”

Industrial Employment Drives Shifts in Commercial Real Estate Demand, According to NAR Report
November 04 2026

"The story this quarter is where companies are hiring," said Nadia Evangelou, Principal Economist & Director of Real Estate Research at NAR. "While industrial employment has been relatively flat nationally, some markets are adding jobs much faster than others. San Antonio is a good example, moving from 76th to 9th in just one year."

Mortgage Applications Decrease in Latest MBA Weekly Survey
November 04 2026

“Mortgage rates drifted down to their lowest level since September 2026 last week in the wake of the Federal Reserve’s decision to hold on additional rate hikes at its October meeting,” said Mike Fratantoni, MBA’s SVP and Chief Economist. “While the 30-year rate declined to 7.3 percent, activity is still quite slow, with purchase application volume down for the week and refinance volume effectively flat at a very low level."

MBA RIHA Study Finds Rental Affordability Declined in 82% of U.S. Metro Areas, While Housing Quality Explains Up to Half of Rising Rental Costs
November 03 2026

“Rental affordability remains a significant challenge in many housing markets, but this research demonstrates that the factors driving higher rental expenditures are more complex than traditional measures suggest,” said Edward Seiler, MBA's Associate Vice President of Housing Economics and Executive Director of RIHA.