The National Association of Realtors (NAR) points to 2016 as one of continued improvement, forecasting that existing home sales will expand “at a moderate pace,” and that pent up demand could put a dent in the “affordability pressures and meager economic growth” the trade group has been warning about in recent years.
This infographic above gives an overview of what we can expect in 2016 for the housing market and the economy.
Below, NAR Chief Economist, Dr. Lawrence Yun offers his view of what is in store for 2016:
[h/t] The Real Daily
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