Editor’s Note: This is part of a monthly video series from the NATIONAL ASSOCIATION OF REALTORS® that aims to refresh and educate members about important aspects of being a REALTOR®. Watch for this series each month in RISMedia’s Daily Real Estate Advisor.
NAR Video Spotlight—In this March 30 video, NAR Chief Economist Lawrence Yun talks about the increase in pending home sales. He also discusses the steady flow of buyers into the market, low inventory, low vacancy rates in the rental market, rising prices, and the economics behind these trends.