Uncategorized Archive

Instant Reaction: June Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on the employment situation in June: “A total of 213,000 net new jobs in June and 2.4 million over the past...

Pending Home Sales See Modest Decrease in May

Pending home sales inched back 0.5 percent in May, falling on an annualized basis for the fifth straight month, according to NAR.  A decline in contract activity in the South offset gains in the Northeast, Midwest and West. Lawrence...
June 27, 2018

NAR Statement on Kathy Kraninger Nomination for BCFP Director

National Association of Realtors® President Elizabeth Mendenhall released the following statement regarding President Trump’s nomination of Kathy Kraninger as the next director of the Bureau of Consumer Financial Protection: “In addition to working at the Office of Management and...
June 21, 2018

NAR Welcomes Wesley Shaw to Advocacy Communications Team

Earlier this month, Wesley Shaw was introduced as NAR’s media manager of advocacy issues. Wesley will focus on advancing NAR’s public policy agenda through communications that benefit and inform consumers, Realtors, and government officials from across the country. He...
June 6, 2018

Pending Home Sales Fall in April, Third Lowest Level Since 2017

After modest increases in February and March, pending home sales dipped in April to their third-lowest level over the past year, according to NAR. The Pending Home Sales Index declined 1.3 percent to 106.4 in April from an upwardly...

Instant Reaction: S&P/Case-Shiller March Home Prices

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s S&P/Case-Shiller release on March home prices: “The solid gain home prices of 6.5% in March added roughly $150 billion to housing wealth during the month. But the continuing run-up...
May 29, 2018

Instant Reaction: Q1 Homeownership Rate and S&P/Case-Shiller

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s S&P/Case-Shiller release on February home prices: “There is no let-up to rising home prices. The Case-Shiller Index and National Association of Realtors® median home price both show gains of...
April 24, 2018

Existing Home Sales Grew Slightly in March; Supply Shortage Continues

After two straight months of declines, existing home sales climbed 1.1 percent in March but it was a familiar story as low inventory and high prices kept sales activity to a level lower than a year ago, according to...
April 23, 2018

International Women’s Day: Women in Real Estate

Today is International Women’s Day, a day to celebrate the social, economic, cultural and political achievement of women around the globe. To mark the occasion, here is a look at women in real estate. The typical REALTOR® – a...
March 8, 2018

Infographic: Space Places

If the latest Star Wars movie inspired you to expand your universe to include more intergalactic adventure, the National Association of REALTORS® has some information on some of the most out-of-this-world cities in America....
December 18, 2017