real estate Archive

Instant Reaction: Q3 GDP

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department release on Gross Domestic Product (GDP) in the third quarter: “Economic growth of 3% in the third quarter is quite impressive in light of...

Media: Don’t Miss These Sessions at the 2017 Realtors® Conference & Expo

The 2017 Realtors® Conference and Expo in Chicago is a little over one week away! With more than 20,000 Realtors®, industry experts and guests scurrying around the McCormick Place, it may be hard as a reporter to identify which of the...
October 25, 2017

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...

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

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

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...

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: June Housing Starts

Below is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce report of a June rebound in housing starts: “Though a recovery in housing starts in June is welcome news, more consistent gains are needed to help...