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Mortgage rate continues to hinder housing affordability, says NAR’s Lawrence Yun
CNBC Television· 2025-08-12 12:03
The average price for the existing single family home hitting a record high. New quarterly report from the National Association of Realators putting the national median at nearly $430,000. Now that's up 1.7% year-over-year.Joining us right now to talk about it is Lawrence Yun, National Association of Realtors, chief economist. Good morning to you. tell us what's going on around the country and then we can get into maybe some different individual markets because $430,000 is a lot in some markets but it's not ...