Tag Archives: NAR chief economist Lawrence Yun

Existing-home sales tank 8.4% in January amid winter chill

By | | Uncategorized
Comments Off on Existing-home sales tank 8.4% in January amid winter chill

Homebuyers were likely dissuaded by extreme winter weather and shifting rates, causing existing-home sales to see a significant decline in January. Continue reading →

Existing-home sales tank 8.4% in January amid winter chill

By | | Uncategorized
Comments Off on Existing-home sales tank 8.4% in January amid winter chill

Homebuyers were likely dissuaded by extreme winter weather and shifting rates, causing existing-home sales to see a significant decline in January. Continue reading →

Generational wealth, foreign buyers, rising prices: Sotheby’s Luxury Outlook for 2026

By | | Uncategorized
Comments Off on Generational wealth, foreign buyers, rising prices: Sotheby’s Luxury Outlook for 2026

The luxury market is poised for steady growth this year, with multiple factors driving the market toward a fruitful and lucrative 2026. Continue reading →

NAR’s final report of 2025 showed growing homebuyer momentum

By | | Uncategorized
Comments Off on NAR’s final report of 2025 showed growing homebuyer momentum

In November, pending home sales made their best showing yet of 2025, in a sign of growing homebuyer confidence in response to factors like increased affordability and higher inventory. Continue reading →

Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800

By | | Uncategorized
Comments Off on Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800

Home prices climbed in 77 percent of metro areas during the third quarter of 2025 as the median single-family home price in the U.S. rose by 1.7 percent year over year. Continue reading →

Pending home sales remain stuck in the mud in September

By | | Uncategorized
Comments Off on Pending home sales remain stuck in the mud in September

The National Association of Realtors’ monthly report showed that homebuyers are still a bit crippled by economic uncertainty, and recent mortgage rate drops have mostly only spurred refinance activity. Continue reading →

Existing-home sales gain momentum in September amid falling mortgage rates

By | | Uncategorized
Comments Off on Existing-home sales gain momentum in September amid falling mortgage rates

The gain in existing-home sales once again reflects just how much consumers respond to lower mortgage rates, NAR Chief Economist Lawrence Yun said during a press call on Thursday morning. Continue reading →

Pending home sales jumped 4% in August in positive market signal

By | | Uncategorized
Comments Off on Pending home sales jumped 4% in August in positive market signal

NAR Chief Economist Lawrence Yun said lowering mortgage rates were leading to more buyers coming to market, but Bright MLS Chief Economist Dr. Lisa Sturtevant said hopes for a fall market rebound should stay tempered. Continue reading →

Is fall the new spring? Market winds may be shifting, NAR says

By | | Uncategorized
Comments Off on Is fall the new spring? Market winds may be shifting, NAR says

Increased homebuying affordability, more inventory and fewer competing buyers may lead to a prime week for homebuyers in October, leading to conditions like a “second spring market.” Continue reading →

Inventory’s up, but buyers aren’t biting as June sales slide again

By | | Uncategorized
Comments Off on Inventory’s up, but buyers aren’t biting as June sales slide again

Existing-home sales declined by 2.7 percent from May 2025 but held steady compared to one year ago. Mortgage rates and high home prices continue to dissuade potential buyers. Continue reading →