Pending home sales declined in December 2012, but have stayed above year-ago levels for 20 consecutive months, according to the National Association of Realtors®. In this video, Chief Economist Lawrence Yun talks about this decline in the framework of an uneven uptrend in homes sales, and the fact that the limit in sales has been caused by low inventory.
Video: Uneven Uptrend in Pending Home Sales
Video: Uneven Uptrend in Pending Home Sales
Jan 28, 2013
0:54
- Details
- Transcript
Light Theme
Light
Dark Theme
Dark
Popular
Popular
Window to the Law is a monthly video series that provides valuable risk management tips and information to help real estate professionals navigate legal issues facing the real estate industry.
From the advocacy efforts to technology advances and updates on commercial industry trends, the topics in this series all relate to what’s happening in commercial real estate now and what trends are on the horizon.
These webinars and videos are an extension of the New AE Orientation, intended to provide ongoing learning on association management resources and programs to newly appointed AEs.
Each week, NAR Leadership and industry experts share tips and updates on the real estate industry during this unprecedented time.
The hunt is about so much more than the house. Home buying hiccups lead to tough decisions. Guided by the expertise of a REALTOR®, First-Time Buyer puts the real in real estate.
NAR Videos on YouTube
NAR offers additional topics online covering legislation, events, industry news and guides for both NAR members and the public. Visit NAR on YouTube