NAR’s Yun forecast for 2019 housing sales: New homes will drive market gains

On the Market: Homes for Sale in New York and New Jersey Supported by On the Market Homes for Sale in New York and New Jersey This week’s properties include a three-bedroom in Princeton, N.J., and a five-bedroom in Rockville Centre, N.Y. On the Market in the New York Region 16 Photos View Slide Show [.]

 · New York Real Estate Predictions 2018 There’s no shortage of doom and gloom talk about a US housing crash that would take NYC down with it. In fact the recent reports of high foreclosure rates in Queens, Bronx and Staten Island are a little alarming..

You can check this page of LittleBigHomes each quarter for updates to the Chattanooga Real Estate Market Forecast. Chattanooga Real Estate Market Trends. Chattanooga real estate market trends indicate an increase of $12,500 (8%) in median home sales and and a 4% rise in median rent per month over the past year.

The NAR’s latest housing forecast, released today. From the press release: Existing-home sales are projected at 5.92 million this year and then rise to 6.27 million in 2008, compared with 6.48.

NAR’s Yun Forecast for 2019 Housing Sales: New Homes Will Drive Market Gains. Sales of new homes probably will reach a 12-year high this year as builders scramble to meet demand from entry-level buyers, according to Lawrence Yun, chief economist of the National Association of Realtors. Existing home sales probably will be flat, he said.

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NAR’s Yun forecast for 2019 housing sales: New homes will drive market gains – The number of new houses sold in 2019 probably will total 667,000. Sales of existing homes, which tumbled 3.1% in 2018 as mortgage rates rose to an eight-year high, probably will be flat this year, May 30, 2019. 0. 12. Facebook. Twitter. Google+. Pinterest.

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According to Yun, the U.S. needs to spur stronger growth in the housing market by increasing inventory through stepped-up new construction – and only more new homes will ease tight inventories and help slow home price gains. Last year, only about 900,000 homes were started, a 50-year low and half the amount that’s needed, Yun said.

 · Their responses, summed up in the 2019 real estate forecast below, could help you make more educated choices when it comes to buying and financing a home in the coming year. The good news is that.

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