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May 2024 Economic Update
Presented by NAR Chief Economist Lawrence Yun at the Residential Economic Issues & Trends Forum at the 2024 REALTORS® Legislative Meetings on May 7, 2024, in Washington, DC.
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Messaging the Data
These slides were presented by NAR Deputy Chief Economist Jessica Lautz at the Residential Economic Issues & Trends Forum at the 2024 REALTORS® Legislative Meetings on May 7, 2024, in Washington, DC.
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Housing Trade Groups Applaud Launch of Bipartisan Congressional Real Estate Caucus
Congress Launches Bipartisan Real Estate Caucus It is vital that Congress supports policies that promote the growth of the real estate industry; the newly formed caucus aims to accomplish this. Media Contact: Tori Syrek
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Congressional Lawmakers Launch Bipartisan Real Estate Caucus
NAR and other housing groups say it’s a critical step in addressing some of the national real estate market’s biggest challenges.
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Instant Reaction: Jobs, May 3, 2024
News of some cooling in the labor market could mean the topping-out of mortgage rates this week before more sustained declines through the remainder of this year.
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What Has NAR Advocacy Done for Me Lately? Part 2
In part two, the hosts continue the conversation on NAR’s top legislative successes and ongoing policy fights.
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What Has NAR Advocacy Done for Me Lately? Part 1
How is NAR advocacy working for members? In part one of a two-part conversation, the hosts discuss NAR’s legislative successes and ongoing policy fights.
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Instant Reaction: Mortgage Rates, May 2, 2024
Instant Reaction: Mortgage Rates, May 2, 2024 At 7.22%, the 30-year mortgage interest rate has hit its highest point since November 2023; rates are unlikely to move down soon. By: Jessica Lautz Mortgages & Home Financing