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LISTEN: Lawrence Yun Talks Housing Inventory, Prices (WSJ)

CaptureEarlier this morning, NAR chief economist Lawrence Yun chatted with The Wall Street Journal’s John Wordock about the headline figures for October existing-home sales.

During the six-minute podcast interview, Yun discusses the current state of the market, including his concerns about persistent inventory shortages continuing to push up prices to an unsustainable pace in relation to current wage gains.

You can listen to the full podcast interview here.