NAR’s Lawrence Yun predicts lower rates, 15% jump in existing-home sales in 2024
Housing Wire
NOVEMBER 15, 2023
He began his presentation during the “Residential Economic Issues and Trends Forum” by analyzing the data points that impacted 2023 real estate conditions before diving into forecasts for next year. In 2023, new-home sales are up 5% year to date, Yun said. The question is when are rates going to come down?
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