NAR Chief Economist Lawrence Yun talks about April existing-home sales and the market constraints for that month.
WASHINGTON (May 22, 2013) – Existing-home sales rose in April but remain below underlying demand because of limited inventory and tight credit. All regions are showing strong price gains from a year ago.
June 20, 2013, 10 a.m. ET
The NAR Public Affairs Office issues a news release on or near the 25th of each month with the latest existing-home sales figures. The releases include analysis and quotes by NAR's Chief Economist Lawrence Yun regarding the sales volume, prices, inventory and interest rates.
Each month, NAR releases statistics on sales and prices of existing single-family homes for the nation and the four regions. These figures include condos and co-ops, in addition to single-family homes. These reports are available free of charge in two formats—PDF for easy viewing and printing and Excel for database work.