Modest Volume, Price Gains Seen Next Year
The housing recovery will continue on its slow but steady pace over the next couple of years, NAR Chief Economist Lawrence Yun said Friday morning at the REALTORS® Conference & Expo Economic Issues & Residential Real Estate Business Trends forum.
November 2011 | By Robert Freedman
NAR Chief Economist Lawrence Yun predicted home sales would increase by 4 percent next year and home prices would inch up 2 percent during the Economic Issues & Residential Real Estate Business Trends forum Friday morning. In 2013, he projected sales to pick up another 6 percent and prices to rise another 3 percent. READ FULL ARTICLE HERE