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May 18, 2013
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Lawrence Yun
Chief Economist and Senior Vice President of Research at the NATIONAL ASSOCIATION OF REALTORS®

Lawrence Yun is chief economist and senior vice president of Research at the NATIONAL ASSOCIATION OF REALTORS®. He directs research activity for the association and regularly provides commentary on real estate market trends for its 1.1 million REALTOR® members. Dr. Yun creates NAR's forecasts and participates in many economic forecasting panels, including Blue Chip and the Harvard University Industrial Economist Council. He appears regularly on financial news outlets and is a frequent speaker at real estate conferences throughout the United States. USA Today recently listed him among the top 10 economic forecasters in the country.

Articles by this author:

  • Banks Must Get Back to Business

    You already know from real-world experience that banks are not lending. But now your experience is backed by hard data from the FDIC.

    By: Lawrence Yun
  • July/August 2011 Market Pulse

    Existing-Home Sales Rate For May

    4.8 million

    This is a seasonally adjusted annual rate, which is the actual rate of sales for the month, multiplied by 12 and adjusted for seasonal sales differences.

    Pending Home Sales Index For May 

    88.8

    This index measures ­housing contract activity. An index of 100 is equal to the level of activity during 2001, the benchmark year.

    Source: NAR Research

    By: Lawrence Yun
  • June 2011 Market Pulse

    The existing-home sales rate for March was 5.1 million. Also, business confidence numbers.

    By: Lawrence Yun
  • Why Home Sales Will Rise This Year

    The first quarter ended with decent home sales activity, but the rest of the year should be even better. Here's why.

    By: Lawrence Yun
  • Keep an Eye on Oil Prices

    Businesses are finally showing signs they're ready to spend. They're sitting on profits, exports are up, and the stock market has made a nice recovery from a low point in 2009.

    By: Lawrence Yun
  • April 2011 Market Pulse

    Existing Home Sales Rate for February: 4.9 million. This is a seasonally adjusted annual rate, which is the actual rate of sales for the month, multiplied by 12 and adjusted for seasonal sales differences.

    By: Lawrence Yun
  • Sunnier Skies Are Likely on the Way

    Thanks to population growth, the number of home owning households in our country normally rises by about 1 million each year. But economic conditions will sometimes throw a hurdle in the way of that.

    By: Lawrence Yun
  • Lenders Can Do More to Spur Growth

    Despite concerns about the negative long-term effects of federal stimulus efforts - including the impact they will have on the country's huge budget deficit - the U.S. government continues to take action to help spur the economy.

    By: Lawrence Yun
  • February 2011 Market Pulse

    This is a seasonally adjusted annual rate, which is the actual rate of sales for the month, multiplied by 12 and adjusted for seasonal sales differences.

    Pending Home Sales Index For November:  92.2

    This index measures ­housing contract activity. An index of 100 is equal to the level of activity during 2001, the benchmark year.

    Source: NAR Research

    By: Lawrence Yun
  • Affordability Isn't Enough for Some Buyers (Markets)

    yadda yadda yadda

    By: Lawrence Yun