real estate Archive

Sunday’s Football Rematch: A Tale of Two Cities’ Home Prices Since 2005

The New England Patriots and Philadelphia Eagles have had two weeks to rest, strategize and get pumped up for Sunday’s big game in Minneapolis. Here’s a look at how home prices have moved from the last time – in...

[Infographic] Forecasting a Shadow: Groundhog Day and Real Estate

Winter lovers and haters come together on the second day of February every year to see Punxsutawney Phil climb out of his hole and cast his prediction for how much longer before the snow and ice slowly makes way...

Instant Reaction: 2017 Q4 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 fourth quarter: “The economy expanded at a respectable rate of 2.3% in 2017. That’s a good comeback...

Price Forecasting the Winner of Super Bowl LII

The NFL’s Divisional Round kicks off this weekend, featuring a bevy of talented teams, including regular heavyweights, the New England Patriots and the Pittsburgh Steelers, as well as some newcomers (Jacksonville Jaguars and Tennessee Titans). While TV analysts and...

November Sales Surprise to a Near 11-Year High; Contract Signings Also Rise

In what reflects the significant amount of pent-up demand in today’s housing market, existing-home sales surged in November to their strongest pace since December 2006. Good news was also found in November’s pending sales data.  Whether it’s been weakening...
December 27, 2017

Instant Reaction: November Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on November housing starts: “A welcoming trend is developing in the housing sector as builders are able to bring more supply to the...
December 19, 2017

Instant Reaction: Lawrence Yun on Today’s FOMC Statement

The following statement is NAR Chief Economist Lawrence Yun’s reaction to the Federal Reserve’s decision today to raise short-term interest rates, as well as what it means for the economy and housing in 2018: “There will be juice added...
December 13, 2017

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...