Housing Market Suffers Lowest Home Sales in 30 Years, Says Lawrence Yun — RISMedia
By: Claudia Larsen | Published: 2025-06-04 20:23:00 | Source: www.rismedia.com
Above, NAR Chief Economist Lawrence Yun
WASHINGTON D.C.—The housing market is experiencing its worst two-year stretch for home sales in three decades, with National Association of REALTORS® (NAR) Chief Economist Lawrence Yun painting a stark picture of an industry caught between the Federal Reserve and high mortgage rates.
During his talk at the Residential Economic Issues and Trends Forum at NAR’s midyear REALTORS® Legislative Meetings, Yun told a packed ballroom that, despite his recent recognition from the Wall Street Journal as one of the country’s top economic forecasters, “the forecast that is most important, is not panning out.”
“I thought at this conference, I would share some good news with you. ‘Home sales are rising. Momentum…
