Lawrence Yun

Type: Person
Name: Lawrence Yun
Title: Managing Director of Quantitative Research
Organization: National Association of Realtors
Nationality: United States
Fact Sheet: Biography for Lawrence Yun
First reported 22 hours ago - Updated 1 hour ago - 2 reports

Pending home sales slip in June after months of consecutive gains

New data released by the National Association of Realtors (NAR) showed a slowdown in pending home sales for the month of June, following three months of consecutive gains.Though pending home sales were down in June, the NAR’s index for pending home sales ... [Published BankCreditNews.com - 1 hour ago]
First reported Aug 01 2014 - Updated Aug 01 2014 - 1 reports

Home Ownership Rate Near 20-Year Low

The fallout from the housing crisis continues as the number of Americans who own homes dropped to the lowest level in nearly two decades in the second quarter, the U.S. Department of Commerce reports.The latest report shows that 64.8 percent of U.S. homes ... [Published REALTOR Magazine - Aug 01 2014]
First reported Jul 31 2014 - Updated Jul 31 2014 - 1 reports

Thu, July 31, 2014 - Today’s News : US homeownership at lowest level in 19 years

Photo credit:   Michael PatrickThe official statistics reveal that the rate of homeownership in the USA was 64.7 per cent in the second quarter of 2014. That figure is only slightly down on the 64.8 recorded in the first three months of the year but is ... [Published TheMoveChannel.com - Jul 31 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Local home sales cool

June's home sales figures in Alachua County were lackluster compared with the same time last year. Still, the 271 sales of existing single-family homes were the second highest total in at least four years.In June 2013, home sales shot up 50 percent over ... [Published Gainesville Sun - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 2 reports

Home Prices Continue To Soften

NEW YORK ( MainStreet) , as home prices rose slightly, but remain at their slowest yearly pace since February 2013.On Tuesday, the S&P/Case-Shiller Home Price Index, which measures home prices of 20 metropolitan cities, rose 1.1% in May and is up 9.3% ... [Published Nebraska City News Press - Jul 30 2014]
First reported Jul 29 2014 - Updated Jul 30 2014 - 1 reports

Case-Shiller Index Shows Home Price Growth Slowing

Home prices increased at their slowest pace since February 2013, according to the latest report on the S&P/Case-Shiller Home Price Index.The index, which compiles a 10- and 20-city composite of home prices, showed the 10-city composite posted price gains ... [Published Time - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 29 2014 - 2 reports

U.S. stocks come off earlier lows; Dow gains 0.13%

IAt the close of U.S. trading, the Dow 30 rose 0.13%, the S&P 500 index rose 0.03%, while the NASDAQ Composite index fell 0.10%.The Volatility S&P 500 index, which measures the outlook for market volatility, was down 0.63% at 12.61.Stocks pushed lower ... [Published Moneycontrol.com - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 29 2014 - 2 reports

NYMEX crude prices dip in Asia with U.S. industry stocks data eyed

On the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery in September traded at $101.52 a barrel, down 0.15%, after hitting an overnight session low of $100.91 a barrel and a high of $102.09 a barrel.Brent oil on ICE Futures ... [Published Nasdaq - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 29 2014 - 17 reports

Economy Watch: Pending Home Sales Edge Down; Social Security, Medicare Solvent Until ’30s

By Dees Stribling, Contributing EditorThe National Association of Realtors reported on Monday that its Pending Home Sales Index, a forward-looking indicator based on contracts inked but not closed, declined 1.1 percent to 102.7 in June from 103.8 in May, ... [Published Commercial Property Executive - Jul 29 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Confidence in housing market grows

Seventy percent of Fannie Mae survey respondents say now is a good time to buy a home.By Scott Gamm, MainStreetAfter housing woes shocked the economy in 2008, consumers are slowly becoming more confident about the housing market.According to Fannie Mae's ... [Published MSN Real Estate - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 2 reports

Pending Home Sales Tumble From Recovery Highs, Biggest Miss In 2014

Following last week's collapse in new home sales (and last month's massive beat and surge in pending home sales), it was likely not a total surprise that pending home sales would slow, but the -1.1% MoM print is the worst in 2014 (and the biggest miss ... [Published Zero Hedge - Jul 28 2014]
First reported Jul 27 2014 - Updated Jul 27 2014 - 1 reports

Dr. Lawrence Yun diagnoses local housing market boom

Dr. Lawrence Yun, senior vice president of research and chief economist for National Association of Realtors. (Photo:Samuel M. Simpkins / File / The Tennessean)You would have to be living under a giant belt buckle to miss the success that Middle Tennessee, ... [Published Tennessean - Jul 27 2014]

Quotes

"activity is notably higher than earlier this year as prices have moderated and inventory levels have improved" said Lawrence Yun, NAR chief economist
...this year as prices have moderated and inventory levels have improved," says Lawrence Yun, the National Association of Realtors' chief economist. "however, supply shortages still exist in parts of the country, wages are flat, and tight credit conditions are deterring a higher number of potential buyers from fully taking advantage of lower interest rates." Read More: Another weakness is the pace of construction of new homes. Earlier this month, the Commerce Department said housing starts fell 9...

More Content

All (318) | News (267) | Reports (0) | Blogs (48) | Audio/Video (2) | Fact Sheets (1) | Press Releases (0)
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Pending home sales slip in June after months of... [Published BankCreditNews.com - 1 hour ago]
What the latest housing data mean for the envir... [Published NRDC Worldview - 16 hours ago]
Let's Not Pronounce Sprawl Dead Just Yet [Published Huffington Post - 18 hours ago]
Pending Home Sales Declined In June [Published Pettinga Financial Advisors - 22 hours ago]
Home Ownership Rate Near 20-Year Low [Published REALTOR Magazine - Aug 01 2014]
What the latest housing data mean for the envir... [Published Switchboard, from NRDC - Jul 31 2014]
Thu, July 31, 2014 - Today’s News : US homeowne... [Published TheMoveChannel.com - Jul 31 2014]
Can You Still Get a Good Deal on a Home? [Published Credit.com - Jul 31 2014]
Local home sales cool [Published Gainesville Sun - Jul 30 2014]
Home Prices Continue To Soften [Published Nebraska City News Press - Jul 30 2014]
Home Prices Continue To Soften [Published Delco Times - Jul 30 2014]
Pending Home Sales Reverse Course, Fall in June [Published Chicago Agent Magazine - Jul 29 2014]
House Prices Still Not Growing Fast Enough [Published The Utah People's Post - Jul 29 2014]
The MReport Webcast: Tuesday 7/29/2014 [Published The MReport - Jul 29 2014]
Home prices seeing more modest growth [Published CBS News - Jul 29 2014]
Top 10 Millennial-Friendly Cities That Will Spa... [Published MyBankTracker.com - Jul 29 2014]
New Products; Regions Bank's Cuts; PHH, NationS... [Published MortgageNewsDaily - Jul 29 2014]
Case-Shiller Index Shows Home Price Growth Slowing [Published Time - Jul 29 2014]
Economy Watch: Pending Home Sales Edge Down; So... [Published Commercial Property Executive - Jul 29 2014]
Zillow, Trulia Forming A Blended ... [Published Media Post - Jul 29 2014]
Challenges Impedes Housing Market Growth as Pen... [Published Realty Times - Jul 29 2014]
Existing-Home Sales Up in June, Unsold Inventor... [Published BuildingOnline - Jul 29 2014]
Realtor.com®’s First Economist: I’m Anything Bu... [Published REALTOR Magazine - Jul 29 2014]
Confidence in housing market grows [Published MSN Real Estate - Jul 29 2014]
NYMEX crude prices dip in Asia with U.S. indust... [Published Nasdaq - Jul 29 2014]
U.S. stocks come off earlier lows; Dow gains 0.13% [Published Moneycontrol.com - Jul 29 2014]
NAR: Pending Home Sales Fell Slightly In June [Published Mortgage Orb - Jul 28 2014]
U.S. stocks come off earlier lows; Dow gains 0.13% [Published Jerusalem Post - Jul 28 2014]
Dollar dips on housing data as Fed statement, j... [Published Nasdaq - Jul 28 2014]
Economic Watch: Pending Home Sales Dip Followin... [Published Trucking Info - Jul 28 2014]
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Blogs

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What the latest housing data mean for the envir... [Published Switchboard, from NRDC - Jul 31 2014]
Kaid Benfield, Special Counsel for Urban Solutions, Washington, DC    Few things have been as simultaneously destructive to the natural environment, the economy, and our social fabric as the tidal wave of suburban sprawl that washed over the US ...
Top 10 Millennial-Friendly Cities That Will Spa... [Published MyBankTracker.com - Jul 29 2014]
“Geography is destiny” somebody once said. That thought may go far in explaining what’s missing in the relationship between young adults — otherwise known as the millennial generation — and the housing market. Flickr |https://www.flickr.com/photos/dpgreen/5457291695/ ...
Pending Home Sales Tumble From Recovery Highs, ... [Published Zero Hedge - Jul 28 2014]
Following last week's collapse in new home sales (and last month's massive beat and surge in pending home sales), it was likely not a total surprise that pending home sales would slow, but the -1.1% MoM print is the worst in 2014 (and the biggest ...
PENDING HOME SALES UNEXPECTEDLY DROP [Published Clusterstock - Jul 28 2014]
Pending home sales activity fell 1.1% in June, missing expectations for a 0.5% increase. However, the pace of sales remains above average, notes the National Association of Realtors. "Activity is notably higher than earlier this year as prices have ...
The Mortgage Market Reeks of Mediocrity [Published Wall St. Cheat Sheet - Jul 23 2014]
After a rough start to the year, the mortgage market is showing clear signs of mediocrity. According to the Mortgage Bankers Association’s latest update, for the week ended July 18, applications for home loans increased 2.4 percent on a seasonally ...
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Audio/Video

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Pending Home Sales Slip in June [Published Wall Street Journal What's News - Jul 28 2014]
Pending Home Sales Up 6.1% in May [Published Wall Street Journal What's News - Jun 30 2014]
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