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News Summary for May 12, 2006

Coverage of the latest housing market forecast dominated this week's news. David Lereah stated that the housing market is taking a breather but home sales will remain healthy. The Chicago Board Options Exchange, which has contracted with NAR, will unveil housing futures and options based on NAR's median existing-home sale prices . The Senate voted 55-43 against ending debate on the Small Business Health Plan bill but NAR announced it will continue to push for legislation this year. NAR's second home survey found that the market is dominated by the baby boomer generation.

News summaries will be posted every Tuesday and Friday.

About This Blog

News coverage shapes perceptions of people, organizations and entire industries.
Yet few of us understand what goes into the making of a news story. “NAR in the News” will give its readers a peek behind the scenes into how journalists cover the nation’s largest trade association and the 1.2 million REALTORS® it represents.

This blog is also a place for REALTORS® and others to express their opinions and ask questions that we will try to answer. “NAR in the News” is produced by NAR’s Public Affairs Division.


This blog is provided by the National Association of REALTORS to provide visitors/members with information about NAR's news coverage and the opportunity to comment on real estate issues in the news.

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