【NAR】26% of REALTORS® Said Lack of Inventory and Housing Affordability Prevented Clients from Buying Homes in 2023 as Existing-Home Sales Fell to Lowest Level Since 1995

• Brokerage specialists had a lower sales volume ($2.5 million vs. $3.4 million), and the typical agent had fewer transactions (10 vs. 12) in 2023 compared to 2022.
• Seventy-three percent of REALTORS® plan to remain in the real estate industry for at least two more years.
• New members were more diverse than experienced members. Among those who had two years or less of experience, 40% were non-White.

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