For many, purchasing real estate is one of the largest financial transactions made in a lifetime. This annual survey, conducted by the National Association of Realtors®, of recent home buyers and sellers, helps to gain insight into detailed information about their experiences with this important transaction. The information provided fosters understanding, from the consumer level of trends and the changes that have been seen. The survey covers information on demographics, housing characteristics and consumer experience in the housing market. In addition, NJ buyers and sellers provide valuable information on real estate professional’s role played in home sales transactions.