State-by-State Economic Impact of Real Estate Activity

by Tiffany L. Arthur

How is the housing market in your state affecting the local economy? These reports outline the total economic impact of real estate related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance. Find out how much the real estate industry is affecting the gross state product for your area.

NOTE: This page does not include data from U.S. territories (American Samoa, Guam, Northern Mariana Islands, Puerto Rico, and the United States Virgin Islands) because the Bureau of Economic Analysis (BEA)—the main source for our calculations—does not currently provide it. 

The reports below are in PDF format. The size of each file is approximately 160 KB.

Statistics for the country as a whole: United States

Alabama

Alaska

Arizona

Arkansas

California

Colorado

Connecticut

Delaware

District of Columbia

Florida

Georgia

Hawaii

Idaho

Illinois

Indiana

Iowa

Kansas

Kentucky

Louisiana

Maine

Maryland

Massachusetts

Michigan

Minnesota

Mississippi

Missouri

Montana

Nebraska

Nevada

New Hampshire

New Jersey

New Mexico

New York

North Carolina

North Dakota

Ohio

Oklahoma

Oregon

Pennsylvania

Rhode Island

South Carolina

South Dakota

Tennessee

Texas

Utah

Vermont

Virginia

Washington

West Virginia

Wisconsin

Wyoming

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Copyright ©2022 “State-by-State Economic Impact of Real Estate Activity.” NATIONAL ASSOCIATION OF REALTORS®. All rights reserved. Reprinted with permission. October 31, 2022, https://www.nar.realtor/sites/default/files/reports/2017/embargoes/ehs-03-22/ehs-02-2017-overview-2017-03-22.pdf.

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