Despite Latest Drop in Home Sales, NAR’s Economist Expects Home Sales to Moderate Soon

In the midst of spring selling season, existing-home sales dropped for the second consecutive month. Chief Economist Lawrence Yun, with the National Assocation of REALTORS® is confident that plenty of signs—like low mortgage rates, a growing job market and wages, and added housing inventories—will help make for a turnaround. Existing-home sales—completed transactions for single-family homes, townhomes, …

The post Despite Latest Drop in Home Sales, NAR’s Economist Expects Home Sales to Moderate Soon appeared first on Gladys Manion Real Estate.

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