NAR in the News Archive

NAR President: “Tax Reform Must Protect Homeownership”

As tax reform heats up on Captiol Hill, National Association of Realtors® President William E. Brown is working to make sure the Realtor® message is heard. In an op-ed to “The Hill,” Brown said Realtors® are eager for responsible...

NAR Issues Letter of Support for Dr. Ben Carson as HUD Secretary

Change is coming to the Department of Housing and Urban Development, and the National Association of Realtors® is making its voice heard. The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing this week to consider...

Lawrence Yun on Housing and the Economy in 2017

It’s hard to believe 2016 is coming to an end. Three things rose over the past year: mortgage rates, existing-home sales and home prices. What’s in store for 2017? Watch my discussion from earlier this week with NAR Chief...
December 29, 2016

Existing-Home Sales in October: Highest Pace in Nearly a Decade

The housing market has indeed awakened from its summer slumber. Existing-home sales posted a 2 percent monthly gain in October and are now 5.9 percent higher than a year ago. Even more impressive? At a 5.60 million annualized sales pace,...
November 22, 2016

Realtors® and Orlando Habitat Help Make Home Happen

    When NAR President Tom Salomone took office last November, he challenged the association’s more than 1 million members to go beyond what is expected in their business and in their community: to meet their responsibilities…and then some. More...
November 3, 2016

2016 Realtors® Conference & Expo: The Need-to-Know in Orlando

It’s hard to believe that the 2016 Realtors® Conference and Expo is only a few days away. With hundreds of sessions and events taking place beginning on Thursday, figuring out which sessions to attend at the massive Orange County Convention...

Instant Reaction: September Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to today’s September jobs report from the U.S. Bureau of Labor Statistics: “The latest jobs report shows a softening monthly trend with 156,000 net new jobs in September. Nonetheless, the year-over-year gains...

Your City Is Most Likely Facing a Housing Supply Crunch

Total housing inventory for existing homes has decreased year-over-year for 14 straight months. The situation isn’t much better for the new homes market. According to this morning’s report by the U.S. Commerce Department on August housing starts, building last month...
September 20, 2016

Instant Reaction: Second Quarter GDP

The following is NAR Chief Economist Lawrence Yun’s reaction to today’s Commerce Department release of second quarter Gross Domestic Product (GDP): “GDP growth in the second quarter shows the economy barely above water. It marks the third consecutive quarter...

Instant Reaction: June Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to today’s report on June’s promising rebound in job growth and what it means for housing and the economy: “June’s job growth represents a spectacular rebound. It’s also comforting in...