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Tuesday, June 3, 2025

NAR Chief Economist Lawrence Yun Says Mortgage Rates' Fast Rise Hurt Housing Market

By National Association of REALTORS®

WASHINGTON (June 3, 2025) – National Association of Realtors® Chief Economist Lawrence Yun said existing home sales will increase by 6% in 2025 and by 11% in 2026 during the "Residential Economic Issues & Trends Forum" at the NAR 2025 REALTORS® Legislative Meetings. Yun forecasted that new-home sales will rise by 10% in 2025 and by 5% in

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