National Association of Realtors(R) Revised 2007-2008 Statistical & Forecast News Release Schedule

October 11, 2007

All released at 10:00 a.m. Eastern Time except November Forecast/PHSI

2007
October 24 September Existing-Home Sales

    November 13*        Housing Forecast / Pending Home Sales Index
                        (news conference at NAR Convention, release 3:00 p.m.
                        EST)
    November 20         Commercial Leading Indicator
    November 21         3rd Qtr. Metro Home Prices/State Resales
    November 28         October Existing-Home Sales

    December 10*        Housing Forecast / Pending Home Sales Index
                        (news conference at NAR Washington office)
    December 19         Commercial Real Estate Market Forecast
    December 31         November Existing-Home Sales

*revised date for combined release

    2008
    January 8           Housing Forecast / Pending Home Sales Index
    January 24          December Existing-Home Sales

    February 7          Housing Forecast / Pending Home Sales Index
    February 14         4th Qtr. Metro Home Prices/State Resales
    February 20         Commercial Leading Indicator
    February 25         January Existing-Home Sales

    March 6             Housing Forecast / Pending Home Sales Index
    March 12            Commercial Real Estate Market Forecast
    March 24            February Existing-Home Sales

April 8 Housing Forecast / Pending Home Sales Index
April 23 March Existing-Home Sales

    May 7               Housing Forecast / Pending Home Sales Index
    May 13              1st Qtr. Metro Home Prices/State Resales
    May 21              Commercial Leading Indicator
    May 23              April Existing-Home Sales

    June 9              Housing Forecast / Pending Home Sales Index
    June 18             Commercial Real Estate Market Forecast
    June 26             May Existing-Home Sales

July 8 Housing Forecast / Pending Home Sales Index
July 24 June Existing-Home Sales

    August 7            Housing Forecast / Pending Home Sales Index
    August 14           2nd Qtr. Metro Home Prices/State Resales
    August 20           Commercial Leading Indicator
    August 25           July Existing-Home

    September 9         Housing Forecast / Pending Home Sales Index
    September 17        Commercial Real Estate Market Forecast
    September 24        August Existing-Home Sales

October 8 Housing Forecast / Pending Home Sales Index
October 24 September Existing-Home Sales

    November 7          Housing Forecast / Pending Home Sales Index
                        (at NAR Convention)
    November 18         3rd Qtr. Metro Home Prices/State Resales
    November 20         Commercial Leading Indicator
    November 24         October Existing-Home Sales

    December 9          Housing Forecast / Pending Home Sales Index
    December 17         Commercial Real Estate Market Forecast
    December 23         November Existing-Home Sales
NAR’ Analysis of Economic Indicators

NAR’s analysis of economic indicators provides its members with the tools to interpret economic trends and apply that knowledge to their business. NAR Research analyzes the most important economic indicators that influence real estate markets. In addition to NAR’s own existing-home sales and Pending Home Sales Index, other indicators such as new-home sales, housing starts, mortgage interest rates, employment, Gross Domestic Product and the Consumer Price Index are monitored by the Research staff. All these indicators are used by NAR analysts to prepare the Association’s economic forecast.

To access, go to: http://realtor.org/research and look for Housing Indicators.

NAR’s news releases are posted at http://realtor.org in the Web site’s News Media section.

CONTACT: Walter Molony, +1-202-383-1177, ">