
NAR Downgrades Housing Market Forecast for 2025
NAR’s Lawrence Yun downgraded his 2025 forecast but sees a potential 14% surge in home sales for 2026, if mortgage rates fall to 6%. Here’s what agents need to know.

NAR’s Lawrence Yun downgraded his 2025 forecast but sees a potential 14% surge in home sales for 2026, if mortgage rates fall to 6%. Here’s what agents need to know.

The National Association of Realtors® has launched a new member-exclusive Market Statistics Dashboard featuring metro-level data on affordability, pricing, and housing trends.

Homeownership is slipping for younger Americans, with the average first-time buyer now 38 years old, according to the Guardian. And a Realtor.com analysis of Census data shows homeownership among adults under 35 has dropped to 36.6%, the lowest since before the pandemic.

Trump’s ‘Big,Beautiful Bill’ expands the SALT cap and secures major real estate wins. Here’s how it could impact homeowners, agents, and high-tax states in 2025.

NAR’s report on the newly passed Senate tax bill highlights five major wins for real estate, including a permanent mortgage interest deduction and a five-year quadrupling of the SALT cap starting in 2025. Watch today’s Hot Sheet for a full breakdown.

In his BAM interview with Byron Lazine, James Dwiggins calls for a pivot from the National Association of Realtors to the National Association of Homeowners, laying out the reasons and explaining why NAR’s current governance structure will be its downfall.

NAR paid over $11 million to top executives and spent nearly $60 million on marketing in 2023, according to its latest tax filing. Here’s a breakdown of where member dues went during a pivotal year for the organization.

The National Association of REALTORS® voted 624–248 to revise Standard of Practice 10-5, clarifying that the Code of Ethics applies to harassment in a professional context and aligning the definition with NAR’s Member Code of Conduct.

NAR’s MLS committee voted to rescind the optional “no-commingling” rule, which currently limits brokers from displaying MLS and non-MLS listings on the same search results page.

NAR’s 2025 Remodeling Impact Report shows Americans spent $603 billion on renovations in 2024, with steel front doors offering 100% cost recovery and primary bedroom suites earning a perfect 10 Joy Score.

A new Federal Reserve report finds no significant impact from buyer agreements or rebate bans on commission rates. It also reveals rates have declined only modestly—from 3% in the late 1990s to about 2.7% today (nationwide).

A joint report from Realtor.com® and the National Association of Realtors® reveals that middle-income buyers earning $75,000 can afford just 21% of homes on the market—down from 49% in 2019.