Wednesday, June 25, 2025

NAR Chief Economist Lawrence Yun Says Mortgage Rates' Fast Rise Hurt Housing Market, During REALTORS® Legislative Meetings Economic Forum

NAR Chief Economist Lawrence Yun Says Mortgage Rates' Fast Rise Hurt Housing Market, During REALTORS® Legislative Meetings Economic Forum: Yun forecasted that new-home sales will rise by 10% in 2025 and by 5% in 2026, the median home price will climb by 3% in 2025 and by 4% in 2026.
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First-Time Home Buyer Share Falls to Historic Low of 21%, Median Age Rises to 40

First-Time Home Buyer Share Falls to Historic Low of 21%, Median Age Rises to 40 : The historically low share of first-time buyers underscor...