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Existing U.S. home sales end year down

WASHINGTON, Jan. 24 (UPI) -- Existing-home sales ended 2007 on a down note, both in sales and median price, the National Association of Realtors said Thursday.

Pending homes sales slip in November

WASHINGTON, Jan. 8 (UPI) -- Pending U.S. home sales in November, based on contracts signed that month, fell 2.6 percent from October, the National Association of Realtors said Tuesday.

Home sales rise slightly in November

WASHINGTON, Dec. 31 (UPI) -- Existing-home sales rose slightly in November, indicating the U.S. housing market is stabilizing slightly, the National Association of Realtors said Monday.

U.S. existing home sales fall 1.2 percent

WASHINGTON, Nov. 28 (UPI) -- U.S. existing home sales fell 1.2 percent, marking an eighth consecutive monthly drop, and home prices plunged a record $11,100, a Realtors' group said.

Existing-home sales fall in September

WASHINGTON, Oct. 24 (UPI) -- Sales of existing U.S. homes, including single-family, town homes, condominiums and co-ops, fell 8 percent in September, a realtors group said Wednesday.

Pending U.S. home sales at 6 1/2-year low

WASHINGTON, Oct. 2 (UPI) -- Pending U.S. home sales fell 6.5 percent to a 6 1/2-year low as mortgage problems racked the national housing market, a realty industry group said Tuesday.

U.S. existing-home sales fall 4.3 percent

WASHINGTON, Sept. 25 (UPI) -- U.S. existing-home sales, depressed by credit market turmoil, fell 4.3 percent in August to their lowest level in five years, a realty association said.

U.S. pending home sales fall 16.1 percent

WASHINGTON, Sept. 5 (UPI) -- Pending sales of U.S. homes fell 16.1 percent from a year earlier and 12.2 percent from the previous month to a six-year low, a U.S. realty group said Wednesday.

U.S. existing-home sales fall 0.2 percent

WASHINGTON, Aug. 27 (UPI) -- U.S. existing-home sales fell 0.2 percent for a fifth straight time, with prices dropping as unsold-property inventories climbed, a realty group said Monday.

U.S. existing home sales fall 10.8 percent

WASHINGTON, Aug. 15 (UPI) -- Sales of existing U.S. homes fell 10.8 percent from a year earlier, a U.S. realty group said Wednesday.

Little change seen in housing sales

WASHINGTON, Aug. 8 (UPI) -- The U.S. housing market likely will stay near its current level for the next few months, the latest National Association of Realtors forecast said Wednesday.

U.S. pending home sales rise

WASHINGTON, Aug. 1 (UPI) -- Pending sales of previously owned U.S. homes rose for the first time in four months, a real estate industry group reported Wednesday.

U.S. realty group cuts home-sales forecast

WASHINGTON, July 11 (UPI) -- Sales of existing U.S. homes will fall 5.6 percent to 6.11 million in 2007, a bigger drop than previously projected, a U.S. real estate group said Wednesday.

U.S. pending home sales drop 3.5 percent

WASHINGTON, July 3 (UPI) -- Sales of previously owned U.S. homes dropped 3.5 percent from the previous month, a U.S. real estate industry group said Tuesday.

Housing market unchanged, Realtors say

WASHINGTON, June 25 (UPI) -- Existing home sales essentially were unchanged in May, which a National Association of Realtors economist said indicates the market is underperforming.
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Wiki

Lawrence Yun is Chief Economist and Senior Vice President of Research at the National Association of Realtors. He oversees the production of existing home sales statistics and the popular Home Buyer and Home Seller survey reports. He regularly appears on CNBC, BBC, Bloomberg TV, and is often quoted in the media. Yun is also a frequent speaker at Real Estate conferences throughout the United States. In March 2008, USA Today listed him among the top 10 economic forecasters in the country.

Yun has been with NAR since 2000. Prior to that, he worked as an economic consultant to the U.S. Department of Veterans Affairs and the U.S. Department of Education. While a research associate at the University of Maryland from 1995 to 1998 with the funding from the United States Agency for International Development, Yun helped develop a graduate economics curriculum and lectured at several universities in the former Soviet Union as that country transitioned from communism to a market-based economy.

Yun was born in South Korea. He attended primary and secondary schools in South Carolina. He received his Mechanical Engineering degree from Purdue University. He received his Ph.D. in Economics from the University of Maryland, studying under Professors Dennis Mueller and Mancur Olson.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Lawrence Yun."
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