housing prices

2016 NAR Economic Forecast: Modest Uptick

NAR Chief Economist Lawrence Yun gives his U.S. economic forecast for 2016 in a video interview here. Among his expectations: In light of a slowly growing economy, stock-market uncertainty and rising mortgage rates, home sales are likely to grow more modestly (1-3%) than the 7% growth of 2015. Still, a “pent-up demand for home buying”

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