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Lawrence Yun

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NAR’s Lawrence Yun Predicts U.S. Home Prices Won’t Experience Major Decline

Amid the backdrop of high inflation, elevated mortgage rates and slowing sales activity, severely limited housing inventory will prevent large home price drops for most of the country next year, according to the National Association of REALTORS®’ (NAR) Chief Economist Lawrence Yun. Yun recently analyzed the current state...
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realtytimes.com

NAR’s Lawrence Yun Predicts US Home Prices Won’t Experience Major Decline, Could Possibly Rise Slightly in 2023 if Mortgage Rates Remain at 7%

Amid the backdrop of high inflation, elevated mortgage rates and slowing sales activity, severely limited housing inventory will prevent large home price drops for most of the country next year, according to NAR Chief Economist Lawrence Yun. Yun analyzed the current state of the residential real estate market and shared...
Picture for NAR’s Lawrence Yun Predicts US Home Prices Won’t Experience Major Decline, Could Possibly Rise Slightly in 2023 if Mortgage Rates Remain at 7%
realtytimes.com

NAR Chief Economist Lawrence Yun Predicts Uncertainty for the Housing Market

Two years after enduring the devastating financial impacts of COVID-19, the U.S. economy has made an impressive comeback, in large part due to a booming housing market. However, as National Association of Realtors® Chief Economist Lawrence Yun explained today, there are significant questions regarding the sector’s direction over the coming months.
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Insider Q&A: Realtors’ group Chief Economist Lawrence Yun

LOS ANGELES (AP) — The U.S. housing market had another scorcher of a year in 2021, aided by low mortgage rates, a swell of demand that outstripped supply and a rebounding job market. The supply-demand equation remains sharply lopsided heading into the spring home-buying season, which should give sellers...
rismedia.com

Housing Markets Likely to Normalize in 2022, Says NAR’s Lawrence Yun

Is the economy back to normal? It’s the question everyone wants answered as we navigate through a semi-return to normalcy amid the pandemic, and it’s the question Dr. Lawrence Yun, chief economist of the National Association of REALTORS® (NAR), posed as he opened the Residential Economic Issues & Trends Forum at NAR’s annual REALTOR® Conference & Expo, this year held in-person at the San Diego Convention Center in California.