NAR 2017 Forecast: Existing-Home Sales Up; A Turning Point for First-time Buyers

ORLANDO, Fla. (November 4, 2016) – More millennials entering their prime homebuying years, rising household formation, and continued job gains boosting overall demand are expected to be behind the slight increase in existing-home sales in 2017, according to a residential housing and economic forecast session here at the 2016 REALTORS® Conference & Expo.

Lawrence Yun, chief economist of the National Association of Realtors®, presented his… Read More
Source: news releases

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