Lawrence Yun

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October Existing-Home Sales Post First YOY Gain Since 2021, New-Home Sales Also Positive

Despite elevated mortgage rates, resale inventory levels and new-home mortgage... More

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Pending Home Sales Retreat 5.5% in July

Compared to one year ago, pending home sales increased in the Northeast but... More

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Monthly Existing-Home Sales Bounce Back in July

According to the National Association of Realtors, three out of four major U.S.... More

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Home Prices Increase in 90% of Metros in Second Quarter

A family needed a qualifying income of at least $100,000 to afford a 10% down... More

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Existing-Home Prices Fall in June, While Prices Reach All-Time High

Lawrence Yun, chief economist of the National Association of Realtors, notes the... More

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Existing-Home Sales Post Largest Monthly Gains in a Year

Resale inventory increased in February while prices inched higher compared to a... More

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Existing-Home Sales Fall to Lowest Full-Year Level Since 1995

The median price for existing homes in 2023 reached a record-high level, according... More

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Economic Outlook: Cooling Interest Rates, New-Home Market Strength Expected in 2024

Single-family starts and sales are projected to grow in 2024, while falling... More

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Existing-Home Sales Break Five-Month Slide in November

According to NAR, existing-home sales edged higher by 0.8% last month to a... More

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NAR Forecasts Improved Housing Market Conditions for 2024

Chief economist Lawrence Yun foresees 1.48 million housing starts in 2024,... More

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