Latest Lawrence Yun News

Existing home sales surge as interest rates point higher

Oct. 21, 2021 11:50 AM EDT

Sales of previously occupied U.S. homes bounced back in September to their strongest pace since January as mortgage rates tick higher, motivating buyers to get off the sidelines. The National Association of Realtors said Thursday that existing homes sales rose 7%...

Existing US home sales fell in August, price growth slows

Sep. 22, 2021 13:15 PM EDT

Sales of previously occupied U.S. homes fell in August and prices that have been soaring eased, the latest sign the housing market is cooling as intense competition leaves many would-be buyers on the sidelines. Existing homes sales fell 2% last month from July to a...

Existing home sales rose in July, inventory ticked higher

Aug. 23, 2021 11:21 AM EDT

Sales of previously occupied U.S. homes rose for the second consecutive month in July, though only modestly from a year ago, suggesting the red-hot housing market may be cooling a little. Existing homes sales rose 2% last month from June to a seasonally-adjusted annual...