Mortgage Rates' Fast Rise Hurt Housing Market, During REALTORS® Legislative Meetings Economic Forum
- Bridge AOR
- 3 days ago
- 1 min read
National Association of Realtors® Chief Economist Lawrence Yun said existing home sales will increase by 6% in 2025 and by 11% in 2026 during the "Residential Economic Issues & Trends Forum" at the NAR 2025 REALTORS® Legislative Meetings.
Yun forecasted that new-home sales will rise by 10% in 2025 and by 5% in 2026, the median home price will climb by 3% in 2025 and by 4% in 2026 and that mortgage rates will average 6.4% in the second half of 2025 and 6.1% in 2026.
Check out the full press release: http://nar.realtor/newsroom/nar-chief-economist-lawrence-yun-says-mortgage-rates-fast-rise-hurt-housing-market-during-realtors-legislative-meetings
The discussion around rising mortgage rates at the REALTORS® Legislative Meetings really sheds light on how quickly shifts in one area—like finance—can ripple across an entire market. It's interesting how unpredictable changes force people to adapt fast, much like students in tough academic streams. For instance, engineering students often face tight deadlines and complex problem sets without much warning. That’s where MyAssignmentHelp steps in, offering reliable engineering homework help that saves time and reduces academic pressure. Just as experts are needed to make sense of the housing market, sometimes students need expert writing help to stay on track and thrive.
This post explains the impact of rising mortgage rates really well—very helpful for anyone following the housing market. Do you think these rates will drop anytime soon to help first-time buyers? For those gathering housing market slides or reports from SlideShare, this slideshare downloader online is a free tool that lets you save them easily without sign-up. It's useful for both students and professionals.