Newsroom

Discussion at the Residential Economic Issues & Trends Forum centered on recent developments in the U.S. economy and their impact on the housing market, the challenges that homebuilders continue to face and possible changes in the building sector, and current market conditions and challenges.

Lawrence Yun emphasized challenges facing the commercial real estate market brought on by tightening lending policies among many small and regional banks, which have been a key source of commercial loans.

The top 10 metro areas with the largest year-over-year price increases all recorded gains of at least 11.7%, with three of those markets in Wisconsin and two in North Carolina.

The high-profile session, keynoted by FHA Commissioner Julia Gordon, focused on regulatory policy concerns important to the real estate industry.

At the 2023 REALTORS® Legislative Meetings, NAR Chief Advocacy Officer Shannon McGahn outlined NAR's advocacy team's four goals for the year.