Industry News

Realtors lower 2007 housing expectations

Latest forecast projects 19% drop in housing starts
Published on May 8, 2007

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by CareyBot

The National Association of Realtors has lowered its expectations for the housing market — the group’s latest 2007 forecast anticipates a 17.8 percent drop in new-home sales, a 19 percent drop in housing starts and a 2.9 percent drop in ...