NAR Newsline

  • Story Idea: Is Homeownership Good for Our Neighborhoods?
    by Jane Dollinger on July 18, 2018 at 4:58 pm

    According to a recent study from the National Association of REALTORS®, a majority of Americans believe that homeownership is good for our nation’s communities. Both homeowners and renters were asked if they feel a high rate of homeownership strengthens a community; 67 percent of those surveyed agreed with the sentiment. NAR President Elizabeth Mendenhall says, […]

  • Instant Reaction: June Jobs Report
    by Cole Henry on July 6, 2018 at 1:44 pm

    The 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 […]

  • Pending Home Sales See Modest Decrease in May
    by Cole Henry on June 27, 2018 at 6:30 pm

    Pending 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 […]

  • Instant reaction: NAR’s Lawrence Yun on Case-Shiller
    by Jane Dollinger on June 26, 2018 at 2:11 pm

    The 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 […]

  • NAR Statement on Kathy Kraninger Nomination for BCFP Director
    by wshaw on June 21, 2018 at 7:31 pm

    National Association of Realtors® President Elizabeth Mendenhall released the following statement regarding President Trump’s nomination of Kathy Kraninger as the next director of the Bureau of Consumer Financial Protection: “In addition to working at the Office of Management and Budget alongside Bureau of Consumer Financial Protection Acting Director Mick Mulvaney, Kathy Kraninger has decades of […]

  • Existing-Home Sales Backpedal in May
    by Sara Wiskerchen on June 20, 2018 at 3:26 pm

    Existing-home sales fell back in May for the second straight month; sales fell 0.4 percent to seasonally adjusted annual rate of 5.43 million in May from a downwardly revised 5.45 million in April. Lawrence Yun, NAR chief economist, says a solid economy and job market should be generating a much stronger sales pace than what has […]

  • Instant Reaction: May Housing Starts
    by Sara Wiskerchen on June 19, 2018 at 1:51 pm

    The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s release from the U.S. Commerce Department on May new home construction: “New home construction activity soared to its highest level in over a decade, which is fantastic news as more housing inventory will be available as the year proceeds. Moreover, construction and real […]

  • Infographic: Baby Boomers are Housing Market Movers
    by Sara Wiskerchen on June 14, 2018 at 4:55 pm

    In recent years, baby boomers have been active in the housing market, coming in at a close second to millennials as the largest generation of home buyers, while home prices have remained high and inventory conditions tightened. The National Association of Realtors®’ 2018 Profile of Home Buyer and Seller Generational Trends identified that baby boomers are now […]

  • Instant Reaction: Lawrence Yun on Today’s FOMC Statement
    by Sara Wiskerchen on June 13, 2018 at 6:15 pm

    The following is NAR Chief Economist Lawrence Yun’s reaction to the Federal Reserve’s decision today to raise short-term interest rates: “We are still in the middle innings of rising interest rates; consumers should expect another three or four rounds of interest rate increases over the next 18 months. Mortgage rates will consequently continue to nudge higher. Fortunately, […]

  • NAR Welcomes Wesley Shaw to Advocacy Communications Team
    by wshaw on June 6, 2018 at 6:44 pm

    Earlier this month, Wesley Shaw was introduced as NAR’s media manager of advocacy issues. Wesley will focus on advancing NAR’s public policy agenda through communications that benefit and inform consumers, Realtors, and government officials from across the country. He will also coordinate with media who cover legislative and regulatory developments that affect the housing industry. […]