Lawrence Yun
August's Bounce in Existing-Home Sales: Scant Progress
12:00PM 9/23/2010
What should investors make of August's better-than-expected 7.6% rise? Not too much. Even though it's a big improvement over July's ugly 27.2% plunge, it's still the second-lowest month for existing-home sales in the past 15 years.
The good news: National Association of Realtors chief economist Lawrence Yun is predicting that home prices will rise 4% in 2010.
The bad news: Lawrence Yun has never been right about anything in his entire life, ever.
Yun predicted that sales volume will also rise about 14%. I'm definitely not...
September homes sales jumped 9.4% to the highest level in two years, according to the National Association of Realtors, as home buyers took advantage of low prices to qualify for the first-time home buyer tax credit which is scheduled to expire in December -- although it seems likely to be extended...
Make it three for three for pending home sales. Sales of pending homes -- sales contracts people have signed for existing homes -- unexpectedly surged 6.7 percent in April to a 4.68-million-unit annual pace, the National Association of Realtors announced Tuesday.
The pending home sales index has...
Call it a good start for the week and month, as two indicators came in with better-than-expected readings Monday.
First, construction spending rose 0.3 percent March, the U.S. Commerce Department announced Monday, well above the 1.0 percent decline seen by economists surveyed by Bloomberg News...
Could Realtors economist Lawrence Yun please stop talking?
11:00AM 1/27/2009
With the housing bubble that the National Association of Realtors spent years denying the existence of crashing down, the association's Chief Economist is now calling on Congress to prop it back up.In a column titled We Need a "Jolt" Now, Yun essentially makes the case that interest rate cuts, tax...
Bloggers sock it to National Association of Realtors economists
3:00PM 3/21/2008
As one of the main cheerleaders of the housing bubble, the National Association of Realtors has come under some well-deserved scrutiny. David Lereah, the former economist for the association, came out with a laughably wrong book called Are You Missing the Real Estate Boom?: The Boom Will Not Bust...
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Market Movers
| Symbol | Last | Change / % | Volume |
|---|
Most Actives
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| 2.19 | +0.25 +12.89% | 122.18M | |
| 18.88 | -0.26 -1.33% | 109.55M | |
| 12.44 | -0.25 -1.97% | 52.49M |
% Gainers
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| 89.96 | +13.57 +17.76% | 13.27M | |
| 2.19 | +0.25 +12.89% | 122.18M | |
| 10.50 | +1.10 +11.70% | 3.07M |
% Losers
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