The information in this infographic is from May 2014 Existing-Home Sales data.
NAR Chief Economist Lawrence Yun talks about the rise in Pending Home sales in May 2014 and gives a forecast of home-buying activity in the coming months.
This survey asked a sample of mortgage lenders about the impact of the QM rule three months after their January 2014 implementation, and about the impact of changes to the FHA program.
Pending home sales rose sharply in May, with lower mortgage rates and increased inventory accelerating the market.
Which metro areas are the least expensive places to buy a home in the U.S.?
Which metro areas are the most expensive places to buy a home in the U.S.?
NAR Chief Economist Lawrence Yun reports that existing-home sales in May 2014 were up solidly from the previous month and inventory levels are improving.
Each month, an expert on housing or the economy is invited to speak at NAR in Washington, D.C. Videos of the lectures are available on Realtor.org and on the REALTOR® University web site.
Existing-home sales rose strongly in May and inventory gains continued to help moderate price growth. All four regions of the country experienced sales gains compared to a month earlier.
Find out what is necessary to create centers of innovation, and why Detroit is a surprising example of a revolution in action.