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NAR Chief Economist Lawrence Yun on the state of the market

by Chicago Agent

The National Association of Realtors released its projections for 2023 in mid-December, forecasting a market that continues to find it’s pre-pandemic equilibrium. This return to a sort of normalcy is just the boring kind of year that the market and the industry desperately needs, and it’s likely to bring more buyers back to the table, according to NAR Chief Economist Lawrence Yun. Following the report’s release, we spoke with Yun in an exclusive interview to take a closer look at NAR’s thoughts on the state of the market and what lies ahead. Read more from the issue here.

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