Tag Archives: Existing Home Sales

NAR Chief Economist Lawrence Yun noted that the April existing sales data "signals slowly building momentum for the housing market this spring."

Overall housing inventory has been tight for 44 straight months, and the share of distressed properties sold is way down from its peak. But that isn't stopping investors.

The housing market is facing constrained inventory and price appreciation that is outpacing wage growth. But that may not be a problem, NAR Chief Economist Lawrence Yun said.

National Association of Realtors Chief Economist Lawrence Yun talks with DS News about his forecast for the housing market for the remainder of 2016 as well as such topics as inventory, affordability, wage growth, and delinquency rates.

Global market turmoil coupled with supply and demand troubles have not been enough to restrain home sales, which continue remain on a strong path supported by positive labor gains.

According to the National Association of Realtors, low inventory, affordability, and tight credit are still plaguing the housing market. But NAR President Tom Salomone says he has the solution.

Experts suggests that "normal" levels of existing-home sales are still in the distance. What is driving their forecasts?

Many housing experts and industry analysts have been talking about it for months, and it remains a problem.

Existing-home sales were way down in February, but the data from the National Association of Realtors shows that investor activity in the market is on the rise.

The Fed announced earlier this week that economic growth was not sufficient enough to raise the federal funds rate. The GDP estimate was a mere 0.7 percent for the "advance" estimate for Q4 and just 1.0 percent for the second estimate; what will the third estimate hold?