Monday Apr 14, 2008

NAR Predicts a Housing Market Rebound in Late 2008

The chief economist for the National Association of Realtors says the U.S. is moving towards an improvement in home sales this year however we shouldn’t expect to see any changes for another few months. The NAR forecasts a stabilization of existing home sales during the first two quarters of 2008, followed by an upturn in the latter half of the year.

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