NAR's Top Economist Predicts a Calmer Market, Continued High Prices

The past two years have been quite exceptional for real estate. Home sales boomed. Home prices rose at the fastest rate in modern times. However, such a strong housing market created growing pains. Inventory shrank to its lowest count ever. That's not news, but the National Association of REALTORS® Chief Economist Lawrence Yun has a forecast that includes a discussion about the job market, interest rates, moderating home sales and... continued rising home prices. 

Read the analysis from Lawrence Yun.