Home Sales Expected to Expand Modestly in 2017 As Affordability Pressures Temper Buyer Enthusiasm

Home Sales Expected to Expand Modestly in 2017 As Affordability Pressures Temper Buyer Enthusiasm

WASHINGTON (December 14, 2016) — Existing-home sales are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home, according to new consumer survey findings and a 2017 housing forecast update from the National Association of Realtors®.

In NAR’s fourth quarter Housing… Read More

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Michael Crist2016-12-15T03:00:14-05:00December 15th, 2016|NAR|