Lawrence Yun

Pending home sales rise in November as lower rates spur buyers

November’s declining mortgage rates enticed more homebuyers to come off the sidelines, resulting in an uptick for the National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI).  According to NAR data released Monday, pending home sales were up 3.3% month over month in November, as the PHSI rose to a reading of 79.2. On […]

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NAR’s Lawrence Yun predicts rising home sales and stable prices

Although some may be uncertain about how things will shake out for the real estate industry in 2026, the National Association of Realtors’ (NAR) chief economist Lawrence Yun is one person airing on the side of optimism.  In 2026, Yun said he is expecting existing home sales to rise 14% year-over-year, which he is attributing

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