Quantcast

Latest Lawrence Yun Stories

50b8677de0d8cca6a502eb38eaaf19e11
2009-09-24 13:38:59

Sales of existing U.S. homes fell 2.7 percent in August after four consecutive month of gains, the National Association of Realtors said Thursday. Sales of single-family homes, town homes, condominiums and co-ops dropped to an adjusted annual rate of 5.1 million units in the month, below July's sales figures, but 3.4 percent higher than the 4.93 million unit level of August 2008, NAR said. Home sales retrenched from a very strong improvement in July but continue to be much higher than before...

2009-09-01 10:32:46

Pending U.S. home sales rose for the sixth consecutive month in July, the National Association of Realtors in Washington said Tuesday. The six months of slow, steady gains are a clear indication that the slump in housing has turned around, NAR Chief Economist Lawrence Yun said in an Internet Webcast. The recovery is broad based across many parts of the country, Yun said in a statement. The Pending Home Sales Index, based on contracts signed in the month, rose 3.2 percent from 94.6 to 97.6,...

9a6f4dafb1b5e644e9f9eff7de304569
2009-08-04 09:45:52

Pending U.S. home sales rose for the fifth consecutive month in June, the National Association of Realtors in Washington said Tuesday. The Pending Home Sales Index, based on contracts signed in the month, rose 3.6 percent from 91.3 to 94.6, NAR said. The five-month streak, the longest upward trend since July 2003, is due to historically low interest rates, affordable home prices and large selection, NAR chief economist Lawrence Yun said in a statement. The index rose 0.4 percent in the...

2009-06-02 09:29:45

Pending U.S. home sales rose for the third consecutive month in April, the National Association of Realtors in Washington said Tuesday. The Pending Home Sales Index, based on contracts signed in the month, rose 6.7 percent, from 84.6 to 90.3, NAR said. Housing affordability conditions have been at historic highs, but now the $8,000 first-time buyer tax credit is beginning to impact the market, NAR chief economist Lawrence Yun said in a statement. Since first-time buyers must finalize their...

2009-05-04 11:57:43

Pending U.S. home sales rose 3.2 percent in March as buyers found improved market conditions, the National Association of Realtors in Washington said Monday. The Pending Home Sales Index, based on contracts signed in the month, rose from 82 to 84.5, NAR said. This increase could be the leading edge of first-time buyers responding to very favorable affordability conditions, NAR Chief Economist Lawrence Yun said in a statement. However, we need several months of sustained growth to demonstrate...

2009-04-23 12:01:55

Existing-home sales fell by a seasonally adjusted 3 percent in March, the National Association of Realtors said Thursday. Sales of single-family homes, town homes, condominiums and co-ops declined to an annual rate of 4.57 million units compared with 4.71 million in February, the association said. Sales dropped 7.1 percent from a year ago. In March 2008, the rate of sales was 4.92 million units. NAR Chief Economist Lawrence Yun said first-time buyers are driving the market. The share of...

2009-03-23 11:28:10

Existing home sales rose by a seasonally adjusted 5.1 percent in February, the National Association of Realtors said Monday. Sales of single-family homes, town homes, condominiums and co-ops rose to an annual rate of 4.72 million units in the month compared with January's 4.49 million, the association said. Sales were down 4.6 percent from a year ago. Because entry level buyers are shopping for bargains, distressed sales accounted for 40 to 45 percent of transactions in February, NAR Chief...

f068ec3ad6ba474c8b366707f5629b6f1
2009-02-25 09:45:00

Existing U.S. home sales fell by a seasonally adjusted 5.3 percent in January, the National Association of Realtors said Wednesday. Sales of single-family homes, town homes, condominiums and co-ops declined to an annual rate of 4.49 million units in the month compared with December's 4.74 million, the association said. Sales also came in 8.6 percent lower than a year ago, the NAR said. Given so much stimulus package discussion in January, some would-be buyers simply sat out for clarity and...

2009-02-03 11:11:42

Pending U.S. home sales rose 6.3 percent in December as home affordability improved, the National Association of Realtors in Washington said Tuesday. The Pending Home Sales Index, based on contracts signed in the month, rose from 82.5 in November to 87.7, NAR said. The monthly gain ... more than offset an index decline in the previous month, NAR chief economist Lawrence Yun said in a statement. The Housing Affordability Index, measuring the relationship between home prices, interest rates on...

2009-01-06 12:51:47

Pending U.S. home sales fell sharply in November, falling 4 percent, the National Association of Realtors in Washington said Tuesday. Based on contracts signed in November, the Pending Home Sales Index, fell from a revised 85.7 in October to 82.3, NAR said. NAR Chief Economist Lawrence Yun blamed mounting job losses and very weak consumer confidence for the decline. December could also see weak home-buying activity due to on going problems in the economy, he said. From region to region,...


Word of the Day
reremouse
  • A bat.
The word 'reremouse' comes from Middle English reremous, from Old English hrēremūs, hrērmūs ("bat"), equivalent to rear (“to move, shake, stir”) +‎ mouse.
Related