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NAR Chief Economist Lawrence Yun Forecasts 9% Increase in Home Sales for 2025 and 13% for 2026, with Mortgage Rates Stabilizing Near 6%

NAR Chief Economist Lawrence Yun Forecasts 9% Increase in Home Sales for 2025 and 13% for 2026, with Mortgage Rates Stabilizing Near 6%

BOSTON (November 8, 2024) – The worst of the housing inventory shortage is coming to an end, mortgage rates are stabilizing and job additions are continuing, according to NAR Chief Economist Lawrence Yun. 

Yun analyzed the current state of the U.S. residential real estate market and shared his 2025-2026 outlook today during the Residential Economic Issues and Trends Forum at 2024 NAR NXT, The REALTOR® Experience, in Boston, Massachusetts.

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Source : National Association of REALTORS

Media Contact : Lauren Cozzi

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