NAR’s Yun forecasts new home sales boom in 2019 – RealtyBizNews: Real Estate News

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Looking to next year, Yun shared his forecast for home sales and. "This type of activity in the economy should support the housing market, even as interest rates rise," said Yun.. Information about NAR is available at My Services; All New Releases · Online Member Center · ProfNet.

New home sales are likely to total 540,000 this year, which is only a little more than half the rate from the pre-boom years in the. market," concluded Yun. The National Association of Realtors ®,

realtybiznews: real estate news.. NAR’s Yun forecasts new home sales boom in 2019.. Mike Wheatley is the senior editor at Realty Biz News. Got a real estate related news article you wish.

In this video, NAR chief economist lawrence yun talks about November pending home sales, big swings in the West region, affordability, the effect of the government shutdown on flood insurance and home sales, and gives his forecast for 2019.

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The median forecast of 77 economists surveyed by Bloomberg for existing-home sales called for an increase to a. net worth by as much as $1.7 trillion, according to forecasts by Lawrence Yun, NAR’s.

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New home sales are likely to total 540,000 this year, which is only a little more than half the rate from the pre-boom years in the early 2000s. Yun said. real estate capital markets and real.