---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279448317.md"
description: "Lawrence Yun, Chief Economist of the National Association of Realtors (NAR): The slight increase in existing home sales appears to be driven by improvements in housing affordability. However, if high oil prices lead to a resurgence in mortgage rates, these favorable conditions may reverse"
datetime: "2026-03-17T14:08:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279448317.md)
  - [en](https://longbridge.com/en/news/279448317.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279448317.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/279448317.md) | [繁體中文](https://longbridge.com/zh-HK/news/279448317.md)


# 

Lawrence Yun, Chief Economist of the National Association of Realtors (NAR): The slight increase in existing home sales appears to be driven by improvements in housing affordability. However, if high oil prices lead to a resurgence in mortgage rates, these favorable conditions may reverse

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