NAR: May pending home sales climb to highest level since 2006

U.S. pending home sales rose again in May to the highest level since late 2006, the National Association of REALTORS® (NAR) reports. NAR economist Lawrence Yun said higher mortgage interest rates may be prompting buyers to move now to lock in low rates. Watch this video from NAR for more details.

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About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

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