April 22, 2020
‘It will recover.’
NAR Chief Economist sits with NHAR President Drapeau
Dr. Lawrence Yun, NAR’s Chief Economist and Senior Vice President of Research, stressed healthy economic fundamentals and his expectation for a strong housing market in 2021 in a wide-ranging presentation and interview with NHAR President Marc Drapeau yesterday.
Asked about what he would say to Realtors nervous about the market: “You have to understand the facts,” Dr. Yun said. “The housing market was exceptionally strong. We hit a pause button. It will recover.”
Dr. Yun’s presentation: Economic & Real Estate Market Outlook
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