Tuesday, July 11, 2023
Nearly One-Third of Realtors® Say Lack of Inventory Stopped Clients from Buying Homes in 2022
Key Highlights
- NAR membership grew to 1.58 million at the end of 2022, up from 1.56 million at the end of 2021.
- More than three-quarters of Realtors® (76%) are certain they will remain in the real estate industry for at least two more years.
- An indication of strong housing demand and rising home prices, the typical member's sales volume increased to $3.4 million in 2022, up from $2.6 million in 2021. The typical member had 12 transactions in 2022, the same as in 2021.
