Travelers Institute to Host National Association of Realtors® Chief Economist to Discuss Real Estate Market Outlook
24 Oktober 2022 - 3:00PM
Business Wire
The Travelers Institute, the public policy division of The
Travelers Companies, Inc. (NYSE: TRV), will host a webinar
Wednesday, Oct. 26, titled “Under Pressure: Real Estate Market
Update with National Association of Realtors® Chief Economist
Lawrence Yun.”
“The real estate market has been challenged in recent years,
from increased prices and low inventory levels to supply chain
issues and rapidly rising interest rates,” said Joan Woodward,
President of the Travelers Institute and Executive Vice President
of Public Policy at Travelers. “We are excited to have Lawrence
join us and share his perspective on the current market dynamic and
its impact on the broader economy.”
Woodward will moderate the session, which will take place at 1
p.m. ET. Yun will discuss the outlook for the residential and
commercial real estate markets, and what it means for buyers,
sellers, renters, investors and the insurance industry.
“Mortgage rates have already reached decade-high levels, and the
housing market is clearly undergoing a marked transition,” said
Yun. “The near-term outlook for home sales and home building is
weak, but home prices currently continue to look to be on firm
ground. I look forward to the discussion and the opportunity to
answer questions about the real estate market.”
The session, which is part of the company’s Wednesdays with
Woodward® series, is free and open to the public. For more
information, please visit Travelers.com/Travelers-Institute. Anyone
interested in attending can register here.
About the Travelers Institute
The Travelers Institute, the public policy division of The
Travelers Companies, Inc., engages in discussion and analysis of
public policy topics of importance to the insurance marketplace and
to the financial services industry more broadly. The Travelers
Institute draws upon the industry expertise of Travelers’ senior
management as well as the technical expertise of many of Travelers’
underwriters, risk managers and other experts to provide
information, analysis and solutions to public policymakers and
regulators. Travelers is a leading provider of property casualty
insurance for auto, home and business. For more information, visit
Travelers.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20221024005578/en/
Media: Kassondra Mangione, 860-277-0731
KMANGION@travelers.com
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