Industry News

Forecast: Slower-than-expected home sales in ’06

National median existing-home price projected to rise 2.8%
Published on Sep 7, 2006

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by CareyBot

The National Association of Realtors trade group has lowered its expectations for annual home sales in 2006. Existing-home sales are forecast to fall 7.6 percent this year to 6.54 million, while new-home sales are forecast to drop 16.1 percent to ...