real estate Archive

Large Metro Areas Seeing Hefty Home-Price Gains

At a pace of 5.7 percent, home-price growth quickened in the final three months of 2016 (5.4 percent in the third quarter) amidst severe supply shortages in much of the U.S. Looking at some of the year-over-year gains in...
February 15, 2017

Instant Reaction: Q4 GDP Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Department of Commerce report on Gross Domestic Product (GDP) in the fourth quarter of 2016: “The economic growth of 1.9% in the final quarter was again...

Instant Reaction: December Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on December residential construction: “Let’s hope the rising trend in new home construction continues throughout 2017. As evidenced by the brisk pace of...

Friday the 13th and Other Superstitions

Friday the 13th is generally considered one of the unluckiest days in western culture. In fact, the Stress Management Center and Phobia Institute estimates that $700 million to $800 million is lost in business revenue as so many people...
January 13, 2017

Instant Reaction: December Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to today’s December jobs report from the U.S. Bureau of Labor Statistics. 156,000 jobs were created last month and wages meaningfully increased 2.9 percent year-over-year. “The top figure of net...

Infographic: Thanksgiving at Home

Its the time of year where we gather together with loved ones while gorging ourselves on delicious (and far too much) food! For most of us, this tradition will take place in the warmth of our home, or the...
November 22, 2016

Instant Reaction: October Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department’s October report on residential construction: “Housing starts soaring past the 1.3 million mark for the first time since 2007 is big and welcoming news....
November 17, 2016

NAR’s 2017 Housing Forecast: Sales, First-time Buyers on the Rise

This morning at the 2016 REALTORS® Conference & Expo, NAR Chief Economist Lawrence Yun presented his 2017 housing and economic forecast. He was joined by Dennis Lockhart, president and CEO of the Federal Reserve Bank of Atlanta. Read the full...

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: Third Quarter GDP

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s release of U.S. Gross Domestic Product (GDP) during this year’s third quarter:  “The economy looks solid as GDP grew by 2.9% on an annualized basis in the...