The Land Market Survey is conducted annually each year by the REALTORS® Land Institute and the National Association of REALTORS® Research Group as a tool for real estate land professionals in all sectors of the business to use for bench-marking and as an informational resource when conducting business.
The survey is designed to reveal current trends and the current state of land markets across the US. RLI encourages all land real estate agents to participate in the survey to ensure it is as accurate in representing the actual state of the land market each year. For more information about this survey, contact us at 800-441-5263.
The land market had its best year in nearly a decade in 2021 as land sales rose 6% and outperformed the pace of acquisitions of other commercial real estate, according to the 2021 Land Market Report from the REALTORS® Land Institute (RLI) and the National Association of REALTORS® (NAR).
Historically low mortgage rates that drove home sales, the historic net absorption of multifamily and industrial commercial space, and the resiliency of retail property arguably drove the demand for land, which is the physical foundation for real estate development.
RLI and NAR unveiled the report and discussed its impact during a webinar on Wednesday, April 20.
You may scroll through the survey report below…
Read our Blog About the Results