With a growing economy, job creation, and low interest rates, home sales are expected to rise. But the typical business activity of a REALTOR® will be falling as the autumn approaches.
REALTORS® expect home prices to increase modestly in the next 12 months, with the median expected price increase at 3.4 percent.
Lawrence Yun talks about job creation, interest rates, inventory, and other factors influencing the housing market right now, and gives a forecast for the next 6-12 months.
Pending home sales rebounded in July and have now risen in four of the last five months.
Market fundamentals in commercial real estate continue to improve but at a slower pace, according to the National Association of Realtors® quarterly commercial real estate forecast.
See what commercial practitioners had to say about market performance, sales and rental transactions, challenges, and expectations.
The strong rebound in economic growth during the second quarter and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors.
Existing-home sales increased in July and the ongoing decline in distressed sales reached an important milestone.
This interactive infographic shows median prices of single family homes in Q2 2014 by metropolitan area.
This interactive infographic shows median prices of condos and co-ops in Q2 2014 by metropolitan area.