Industry News

Slow job growth sustains real estate market

Low rates expected to stir home sales to 5.92-million-unit pace
Published on Mar 9, 2004

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by CareyBot

Even with strong economic growth, the job market recovery has been slow, which should help to keep pressure off of interest rates and sustain home sales, according to the National Association of Realtors. David Lereah, NAR’s chief economist, said job ...