NAR Newsline
- Instant Reaction: June Jobs Report July 6, 2018The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on the employment situation in June: “A total of 213,000 net new jobs in June and 2.4 million over the past 12 months reflects a strong rolling economy. The latest month’s solid job additions mean further increase […]Cole Henry
- Pending Home Sales See Modest Decrease in May June 27, 2018Pending home sales inched back 0.5 percent in May, falling on an annualized basis for the fifth straight month, according to NAR. A decline in contract activity in the South offset gains in the Northeast, Midwest and West. Lawrence Yun, NAR chief economist, says this year’s spring buying season did not meet market expectations. “Pending […]Cole Henry
- Instant reaction: NAR’s Lawrence Yun on Case-Shiller June 26, 2018The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s Case-Shiller National Home Price Index report: “Home price growth remains strong across the country as reflected in the Case-Shiller Home Price Index, with a 6.4 percent gain from a year ago. The ongoing housing shortage has been pushing up home prices well above […]Jane Dollinger