How is the housing market in New Mexico affecting the local economy? NAR has prepared reports outlining 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. See how much the real estate industry is affecting the gross state product in New Mexico.

Click to download a pdf.

To view an interactive map detailing the impact in other states, click here.

Source:  "State-by-State Economic Impact of Real Estate Activity"