National Council of Housing Market Analysts

NCHMA Background

Created in 2001, the National Council of Housing Market Analysts (NCHMA), formerly the National Council of Affordable Housing Market Analysts, is the only professional body dedicated exclusively to enhancing the professionalism and standards surrounding residential rental real estate market analysis. NCHMA’s members are comprised primarily of professionals involved in performing and reviewing residential market studies and underwriting residential real estate.

The Council provides technical guidance and presents opportunities for market analysts and underwriting professionals to discuss current issues, develop professional networks and gain cutting-edge information with the goal of improving the quality of residential real estate market studies. Over the years, NCHMA has developed an extensive set of resources including the Model Content Standards for Rental Housing Market Studies, Market Study Terminology, Market Study Index, Code of Ethics and Standards of Professional Practice, and a series of white papers on key market study related topics. Visit the NCHMA Resources page to learn more about these reports. In addition, through a series of multi-day forums and state HFA sponsored seminars, the Council brings market analysts together to share ideas among themselves – and with state agencies, equity syndicators, lenders, developers, local governments and other market study users.

NCHMA’s Mission

The National Council of Housing Market Analysts (NCHMA) strives to be the premier educational and membership organization for residential real estate market analysts. NCHMA facilitates professional development through continuing education, networking and business development opportunities.  We are committed to the continued development and promotion of an ethical, unbiased, and standardized set of housing market study guidelines in order to make the market study process more accountable, transparent, timely and effective.