Scholastica (“Gay”) D. Cororaton is a Research Economist at the National Association of REALTORS®, a trade association of more than 1+ million members. She is the lead economist managing the conduct, analysis, and report writing for the monthly Realtors® Confidence Index Survey and the annual Profile of International Real Estate Transactions in the U.S. and similar reports for Florida, Miami, and Raleigh, NC and the Realtors® Land Business Survey. These surveys provide vital statistics about first-time buyers, cash sales, investors, and distressed sales; median days on market; and foreign buyer purchases. She provides the macroeconomic writeup for the quarterly Commercial Real Estate Outlook reports. Using data sourced from surveys and publicly available, she writes blogs on the economy and housing market that appear in NAR’s Economists’ Outlook blog page. She creates the quarterly data Congressional District and State Reports that are used in NAR’s advocacy for homeownership. Under her direction, the Realtor® University Speaker Series has become a monthly event since it started in 2013, featuring speakers who share their rigorous yet practical research on housing market conditions and homeownership. She also edited the October 2017 and May 2018 issues of the REALTOR® University Journal of the Center for Real Estate Studies.
Before immigrating to the United States in 2005, she was Assistant Director for National Planning and Policy Staff at the Philippine’s National Economic Development Authority, the country’s development planning agency. She managed a 10+ person unit that was responsible for macroeconomic monitoring, forecasting, and analysis.
She has an MS in Statistical Science from George Mason University, an MA in Economics and a BS in Business Economics (cum laude) from the University of the Philippines, and an MS in Industrial Economics from the University of Asia and the Pacific in the Philippines.
She is a Certified Business Economist™ (CBE), the certification in business economics and data analytics developed by the National Association for Business Economics. The CBE documents a professional’s accomplishment, experience, abilities, and demonstrates mastery of the body of knowledge critical for a successful career in the field of economics and data analytics.
When not at work, Gay loves spending time with her family enjoying day trips, shopping, and eating out. She is actively involved in the parish ministry of St. Philips Catholic Church in Falls Church, VA. Gay previously served as NEC VP of Membership.