NAR is reaching out with the facts about the value of real estate as a long-term investment in an advertising campaign that will provide housing data to help consumers make informed decisions about buying a home.

Over the past 30 years, the median price of existing homes has increased more than 6 percent every year on average, and home values have nearly doubled every tenth year, NAR data show. A Federal Reserve study has found that the average homeowner's net worth is 46 times the net worth of the average renter. Despite these and other findings, home buyers are being kept on the sidelines as they react to national media reports about the housing market.

The national media campaign includes a Web site, which provides information about the benefits and value of owning a home, identifies public policy issues of importance to consumers in the real estate transaction, and enables visitors to link directly to find a REALTOR^®.

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