High home prices, faltering supply and weaker consumer confidence in the economy all continue to weigh on the U.S. housing market. The chief economist for the National Association of Realtors, Lawrence Yun, is calling it "a new housing crisis."
The chief economist for the National Association of Realtors, Lawrence Yun, says we are in "a new housing crisis."
Home sales have dropped 8.4% from December to January, and are down 4.4% from a year ago.
Yun says: "Americans are stuck."
www.cnbc.com/2026/02/12/j ...