The National Association of Realtors® posted on May 14th a slideshow on Economic and Market issues and outlook.  The slides show home price trends increasing, and seasonal differences in pending and home sales; as well as projections of home sales into 2016.  Graphs also depict declining affordability; as well as regional differences (Northeast trend is not promising).  Projections of existing homes sales for 2015 and 2016 are very optimistic; and time will tell if those projections hold true.

Residential Economic Issues & Trends Forum by REALTORS®

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