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NAR Chief Economist Lawrence Yun shares his predictions on economic policy under the newly elected president, discusses the affordability crisis, weighs in on potential Fed rate cuts and assesses the housing inventory landscape going into 2025 and beyond.
This episode is part of a special series recorded at NAR NXT in Boston.
Meet the Guest
Lawrence Yun is the chief economist of the National Association of REALTORS® and oversees its research group. He is responsible for a wide range of research activity for the association, including NAR’s Existing Home Sales statistics, Affordability Index, and Home Buyers and Sellers Profile Report. He regularly provides commentary on real estate market trends for its 1.4 million REALTORS®. Yun creates NAR’s forecasts and participates in many economic forecasting panels. He also participates in the Industrial Economists Discussion Group at the Joint Center for Housing Studies of Harvard University. Yun received his undergraduate degree from Purdue University …