Industry News

Fannie Mae: Home sales to slow in 2006

Interest rates, real estate market anxiety to fuel decline
Published on Dec 22, 2005

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by CareyBot

Home sales in the U.S. will drop as much as 10 percent in 2006, a decline caused by higher interest rates and housing market jitters, mortgage giant Fannie Mae said in a report Tuesday.   Economists at the government-sponsored enterprise ...