Lawrence Yun in the news as housing markets swing—US real estate economist, Chief Economist at the National Association of Realtors.
As of early April 2026, US 30-year fixed mortgage rates have climbed to 6.37%, up from under 6% six weeks ago, driven by the Iran war's impact on energy prices and inflation fears. This rise is slowing US home sales and mortgage applications during the spring buying season. In the UK, house prices fell 0.5% in March, slipping below £300,000, with mortgage rates rising above 5%, signaling a cooling housing market.
A government panel has found evidence of child marriages, sexual abuse, and cover-ups within the Yavne'el Bratslav community. The report highlights systematic concealment of abuse and early marriages, with community members fearing retaliation for speaking out. The community's practices are linked to religious beliefs and cultural norms.
Home prices in the UK have risen by 1.2% in May, with annual prices showing a North-South split. North and North East lead annual gains, while London and the Southeast see declines. Buyer activity remains strong with record buyer choice and high listings, though price realism remains crucial for quick sales.