NAR’s Lawrence Yun Predicts U.S. Home Prices Won’t Experience Major Decline
Amid the backdrop of high inflation, elevated mortgage rates and slowing sales activity, severely limited housing inventory will prevent large ...
Tag: Lawrence Yun
U.S. Unemployment Edges Down to 3.5% in September, Though Job Additions Lag
The unemployment rate in America was down to 3.5% in September, returning to its July level, while the number of ...
NAR’s REACH Labs Announces Chicago Expansion
The National Association of REALTORS®’ REACH Labs program, which identifies and connects innovative early-stage startups to the REALTOR® community, recently ...
Pending Home Sales Dip in Every Region in June
New data from the National Association of REALTORS® (NAR) shows that contract signings decreased in June, following a slight rebound ...
NAR Chief Economist Addresses Senate Banking Committee on the State of Housing in America
Lawrence Yun, chief economist for the National Association of REALTORS® (NAR), today told the U.S. Senate Committee on Banking, Housing, ...
Pending Home Sales See Modest Increase in May
As the 2022 housing market continues its transition from the frenzy of the past year, recent data from the National ...
Existing-Home Sales Slip in May Under Rising Mortgage Rate Environment
Rising mortgage rates—and subsequently the widening affordability gap—have sent ripples throughout the housing market that the National Association of REALTORS® ...
U.S. Inflation Climbs to New Heights in May
U.S. inflation has again risen to new heights, as recent reports from the U.S. Bureau of Labor Statistics (BLS) indicate ...
Existing-Home Sales Maintain Decline in April
The downward trend in existing home sales held firm in April as rising price tags and mortgage rates continued to ...
NAR Chief Economist Predicts Uncertainty for the Housing Market
Two years after enduring the devastating financial impacts of COVID-19, the U.S. economy has made an impressive comeback, in large ...
