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Home Industry News NAR Forecasts Existing Home Sales Will Rise by 15% Next Year, Mortgage Rates to be 6-7% by Spring 2024
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NAR Forecasts Existing Home Sales Will Rise by 15% Next Year, Mortgage Rates to be 6-7% by Spring 2024

November 15, 20233 Mins read767
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ANAHEIM, Calif. -- Elevated mortgage rates, high home prices and limited housing inventory are making the dream of homeownership difficult for Americans, according to NAR Chief Economist Lawrence Yun.  Yun analyzed the current state of the U.S. residential real estate market and shared his 2024 outlook yesterday during the Residential Economic Issues and Trends Forum […]

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