NAR Archive

Instant Reaction: September Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department release on September housing starts: “The one month fall in new home construction, especially in the South region in light of Hurricane recovery, is...

Register Today: 2017 REALTORS® Conference & Expo

In a little less than one month, over 20,000 Realtors®, industry experts and guests will flock to the Windy City for the 2017 Realtors® Conference and Expo (Nov. 3-6) at the McCormick Place – West Building. Housing affordability and supply, commercial real...
October 9, 2017

Instant Reaction: September Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics report on employment conditions in September: “The key statistic in the September jobs report is the fact that wages grew 2.9%. The...

Instant Reaction: Lawrence Yun on Today’s FOMC Statement

The following is NAR Chief Economist Lawrence Yun’s thoughts on today’s announcement by the Federal Reserve to start unwinding their balance sheet in October, and what that will mean for mortgage rates through 2018: “As the Federal Reserve indicated...
September 20, 2017

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

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...

An Early Summer Cooldown for Housing

The 1.8 percent decline in existing-home sales in June should come as no surprise if you closely follow NAR’s Pending Home Sales Index, which have declined for three straight months. Activity has been weaker lately because prospective buyers continue...

What to Do When Wire Scammers Strike

Consumers have a lot to think about when they’re buying a home, including wiring large sums of money, and protecting themselves from fraudsters might be the last thing on their mind. The National Association of Realtors® and the Federal...

This Friday’s Sustainable Homeownership Conference: Five Hurdles to Buying a Home

This Friday in celebration of National Homeownership Month, NAR President William E. Brown, NAR Chief Economist Dr. Lawrence Yun and Berkeley Hass Real Estate Group Chair Ken Rosen lead an impressive list of notable speakers at NAR’s Sustainable Homeownership Conference at...

Instant Reaction: May Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics jobs report for May: “Although  job gains in May were on the soft side (138,000), the annual figure has been fairly consistent at...