Video: Prices up Strongly as May Sales Rise

Video: Prices up Strongly as May Sales Rise

Jun 20, 2013
6:27
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In this video, NAR Chief Economist Lawrence Yun talks about the strong rise in prices caused by the strong rise in demand for homes, the unsustainability of that rise in prices, and the new home inventory that is needed to keep price growth from becoming unhealthy. He also discusses the shift from lender focus on re-finance to mortgage applications for home purchase.

Each week, NAR Leadership and industry experts share tips and updates on the real estate industry during this unprecedented time.
Window to the Law is a monthly video series focusing on a legal topic of interest. Not just for legal professionals, Window to the Law covers topics applicable to legal compliance for real estate professionals, brokerages, and REALTOR® associations.
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