One in five reported reducing their prices in the past month to increase sales and limit contract cancellations. But a better outlook may be on the horizon, says NAR Chief Economist Lawrence Yun. Continue reading….

Inflation Reduction Act leaves out tax measures that would have derailed real estate investment. Continue reading….

Though weekly changes in borrowing costs are volatile, housing activity is reaching more balanced levels—which is ultimately good for buyers, says Freddie Mac’s chief economist. Continue reading….

“Home prices have increased at a pace that far exceeds wage gains, especially for low- and middle-income workers,” says NAR Chief Economist Lawrence Yun. Continue reading….

NAR’s chief economist shares what now needs to happen to bring down borrowing costs and increase affordability for home buyers. Continue reading….