REALTORs predict home prices and sales increase late 2008

May 16, 2008

At the National Association of REALTORs Midyear Legislative Meetings and Trade Expo

on Thursday, the NAR’s chief economist Lawrence Yun stated that home prices and sales should start to increase for the 2nd half of 2008. A review of the past year of homes values and sales is also mentioned for 2007. Local market conditions are stated as still being the primary indicator for housing markets.

Written by Jon · Filed Under NAR Watch

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