Dr. Lawrence Yun serves as chief economist and senior vice president of Research at the National Association of REALTORS® (NAR). He monitors developments in the real estate market and studies how they have impacted or might impact consumers, real estate professionals and the broader economy.
Yun oversees a wide range of research activity for the Association, including Existing Home Sales statistics, Affordability Index, and Home Buyers and Sellers Profile Reports. In addition to compiling figures and creating forecasts, Yun provides explanations to help industry professionals and the public put the findings into context. He regularly provides commentary on real estate market trends for NAR’s 1.3 million members. Yun also appears on financial news outlets, contributes columns and articles online, and speaks at real estate conferences across the United States.
"[I am] delighted to be considered to be in this elite group. Real estate drives so much of what it is to be America and Americans, and I am most grateful to be participating in this fantastic industry."
Younger buyers are finding ways around the primary hinderances to their homebuying—student loan debt and record-level home prices—by pooling incomes... Read more.