NCAR Membership Declines
Membership in the North Carolina Association of Realtors (NCAR) declined in 2008 having peaked in 2007, according to data from the National Association of Realtors (NAR). The current membership roll of 41,872 as of 7/31/2008 is 2.14% below the enrollment of 42,788 at the same time last year and is below the 2007 year end total of 43,342 members. This is consistent with a national decline in NAR membership which saw an average drop of 7.7% from 1,363,493 to 1,257,491, a loss of 106,002 members since 7/31/2007. Membership in NAR peaked in October 2006 at 1,370,758. The only territories that saw an increase in membership were Wyoming (+24), South Dakota (+23) and, Guam (+33). The rate of growth in NCAR membership actually peaked in 2006 at 17% slowing to 5% in 2007 before turning negative for the first time in about 15 years.
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