NAR Chief Economist Lawrence Yun discusses pending sales in June 2015, the rise in home prices, the fall in new-home sales, and his forecast for 2016.
The video edition of the quarterly report analyzes legal trends in risk management areas that effect real estate professionals: Agency, Property Condition Disclosure, RESPA, and Employment.
Home prices hit a new peak. Other stories: closing process webcast available, patent troll action needed, and wildfires a growing concern.
In this video, NAR Chief Economist Lawrence Yun discusses the rise in existing-home sales and the national median existing-home price in June 2015.