housing Archive

NAR Instant Reaction: August Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department release on residential construction in August. “Following August’s decline in new home construction, there will no doubt be a further temporary setback to housing...
September 19, 2017

Student Debt Delaying Millennials’ Life

NAR Research’s new survey out today on millennial student debt offers up some sobering news that has both implications for the housing market and overall economy. Consider the key findings highlighted below. Millennials are typically carrying a student debt load...
September 18, 2017

The Road to the Big Game: Where 52 Shows Up in Real Estate

Football fans around the country will be gathering in front of a TV this week to catch their favorite team in action for the first time this season. To celebrate the start of the journey to Super Bowl LII,...
September 7, 2017

Instant Reaction: August Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics on the employment situation in August: “Job creation in July was a bit light at 156,000. The unemployment rate is very low,...
September 1, 2017

Inventory Crunch Stalls Sales in July

It came very apparent when looking at NAR’s Pending Home Sales Index that tight inventory conditions were weighing down on contract activity this spring and early summer. The three month decline in pending sales from March to May has now...

Families with Children Want Bigger Homes

Buying and moving into a new home always comes with stress, but moving with children can add completely different sets of needs and hassles. The National Association of REALTORS®’ 2017 Moving With Kids Report explores the unique experience of...
August 21, 2017

Instant Reaction: July Housing Starts

Below is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce report on July housing starts: “The housing shortage in America will intensify if new construction remains as lackluster as it was in July. The softening multifamily housing starts...

Instant Reaction: July Jobs Report

The following is NAR Managing Director of Housing and Commercial Research George Ratiu’s reaction to this morning’s U.S. Bureau of Labor Statistics release on the July employment situation: “The employment report showed solid gains in July, with 209,000 net...

WATCH: July Housing Minute

  Homes continued to sell quickly in June, but the lean inventory levels in many markets caused existing-home sales to shift downward. The news was better for pending home sales, as contract activity increased last month for the first...

Instant Reaction: Q2 GDP

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on Q2 GDP: “The second quarter GDP growth rate was still unimpressive despite doubling the pace from the first quarter. The latest 2.6%...