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NAR Economist Predicts 18% Home Sales Decline By Year-End, But Optimism For 2024 Emerges

NAR Economist Predicts 18% Home Sales Decline By Year-End, But Optimism For 2024 Emerges
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United statesLawrence yunFederal reserveNational association of realtorsTrends forumNational associationRealtors chief economist lawrence yunResidential economic issuesConsumer price index

In the News: CEO & Leadership Exchange Presenter Dr Lawrence Yun

NAR's chief economist made headlines last week as he expressed 'disappointment' over the Fed's recent rate hike. Yun will weigh in on the economy at RISMedia's top-level event in September.

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Home purchase sentiment increased to highest level since last year

Home purchase sentiment increased month-over-month in April, according to the latest data by Fannie Mae. However many would-be homebuyers are still concerned over home price volatility and other factors.

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9,000+ REALTORS®, Lawmakers and Industry Leaders Assemble at NAR Legislative Meetings

NAR is hosting its annual legislative gathering in Washington DC.

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NAR Chief Economist: The Fed Made A Mistake | Inman

At the Realtors Legislative Meetings' Residential Economic Issues and Trends Forum, Lawrence Yun predicted total home sales would bottom out this year before ticking up in 2024.

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