EconomyBy RISE Community editors
NAR's Yun Sees Pent-Up Housing Demand Waiting on Lower Rates and Confidence
At NAR's NXT in New Orleans, chief economist Lawrence Yun said pent-up housing demand is building while sales track near 4 million.
Key facts
- NAR chief economist Lawrence Yun said existing-home sales are tracking near 4 million this year, compared with 5.2 million in 2000.
- NAR data show months' supply has reached its highest point since 2015, and in September the median home spent 33 days between listing and contract.
- First-time buyers made up 22% of all buyers in NAR's 2026 Profile of Home Buyers and Sellers, and their median age held at 40.
- Sellers held their homes a median 12 years before selling, the longest the survey has ever recorded.
- NAR reported that 90% of buyers purchased through an agent and a record 92% of sellers used one.
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Read the original at HousingWire (opens in a new tab)
Source: NAR sees pent-up demand waiting on lower mortgage rates, better sentiment — HousingWire, November 8, 2026. Summary and commentary by RISE Community; read the full story at the source.
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