Items Tagged with 'Lawerence Yun'

ARTICLES

  • NAR: Home prices are rising but at a much slower pace

    Home prices rise 3.9% in the first quarter of 2019
    The national median existing single-family home price increased 3.9% annually to $254,800 in the first quarter of 2019. Despite this increase, Q1’s total now sits just below the annual increase of 4% in the fourth quarter of 2018. NAR Chief Economist Lawrence Yun said in order to combat slower price gains, the construction industry needs to develop more affordable housing units.
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  • Pending home sales show signs of hope in March

    Contract signings rise 3.8% as mortgage rates fall
    Pending home sales advanced 3.8% in March as lower mortgage rates brought more buyers into the market, according to the latest report from the National Association of Realtors. NAR’s Chief Economist Lawrence Yun said although home sales data has been exceptionally volatile over the past several months, he predicts numbers will begin to climb more consistently.
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  • This is where Millennials want to live

    NAR analysis details factors are driving Millennial migration
    A recent report from the National Association of Realtors reveals that Millennial homeownership migration is primarily motivated by market affordability and strong job prospects. Find out which housing markets most appeal to Millennial homeowners here.
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  • NAR: As housing inventory grows home prices rise at healthy pace

    However, the Western region is experiencing the slowest growth
    The national median existing single-family home price increased 4% annually to $257,600 in the fourth quarter, according to the latest quarterly report from the National Association of Realtors. NAR Chief Economist Lawrence Yun said in light of the various hurdles for 2018, the close of the fourth quarter was promising.
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