Where are sales and interest rates heading? And what are the potential speed bumps ahead? Here is a quick infographic with highlights from NAR Chief Economist Lawrence Yun’s forecast for the 2015 housing market.
The information in this infographic comes from a video of NAR Chief Economist Lawrence Yun talking about his 2015 housing market expectations. He expects existing-home sales to rise about 7 percent in 2015 behind a strengthening economy, solid job gains and a healthy increase in home prices.
Watch the video of Lawrence Yun’s forecast.
Read the news release about Lawrence Yun’s forecast.