National Association of Realtors’ housing market predictions 2025 2026 Existing home sales +0% +14% New home sales -2% +5% Median home price +3% +4% Mortgage rate 6.7% 6.0%
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Lawrence Yun forecast a 14% increase in sales at an annual industry conference in Houston. “The shutdown is over,” Yun said, referencing the record-breaking 43-day government shutdown that ended last week. “Expect some of the deals that did not go through during the shutdown to now slowly catch up.” Yun’s overall message on Friday: Slightly…
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Why is April 13-19 the best time to sell in 2025? As mortgage rates continue to be higher than many buyers and sellers prefer, the market is beginning to show encouraging signs. During the week of April 13, sellers can expect favorable conditions that include inventory, demand, favorable competition and market pace.
Read MoreNational Association of Realtors®(NAR) Chief Economist Lawrence Yun predicts that home sales will rise to 4.46 million by the end of 2024, which is a 9% increase compared to 2023. In other good news, U.S. News Senior Real Estate Economist Patrick S. Duffy reported that interest rates are expected to slowly decline over time, which…
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