While, as an industry promoter, they may have a vested interest in stressing a more positive, hopeful viewpoint for projections, indexes and trend analysis than may sometimes be warranted, their numbers are relatively accurate and up-to-date and they have an extensive historical database.
Those statistics provide a reasonably good frame of reference for evaluating current market conditions compared against past historical data.
That is why we regularly report their results in this blog.
For a directory of their housing and economic reports see:
NAR Housing and Economic Statistics (Note: some may require a fee to access)
NAR Commercial Real Estate Research
Visit my web site for real estate services and support: LawrenceYerkes.com [NJ/PA]
and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).
Copyright 2009 by Lawrence Yerkes. All Rights Reserved.
Lawrence Yerkes
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