Los Gatos Weekly Times

NAR chief economist: Curve balls in an otherwise booming economy and housing market

- By Rose Meily

Members of the Silicon Valley Associatio­n of Realtors were among 9,000 Realtors and industry experts who traveled to National Harbor, Maryland to attend the 2022 National Associatio­n of Realtors Legislativ­e Meetings & Trade Expo on May 1-6, 2022. At the meetings Realtors discussed issues like the impact of the economy and global events on residentia­l and commercial real estate, top emerging tech trends impacting the real estate industry, inventory, and fair housing solutions.

At the Residentia­l Real Estate Trends Forum, NAR Chief Economist Lawrence Yun said two years after COVID-19, the U.S. economy has made an impressive comeback, largely due to a booming housing market, but changes are occurring. Yun said, “Housing kept

Newspapers in English

Newspapers from United States