Industry News

NAR: Existing-home sales to fall 10.8% in 2007

Hefty declines expected for single-family housing starts
Published on Oct 10, 2007

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by CareyBot

The National Association of Realtors expects sales of previously owned homes to fall 10.8 percent this year compared to last year, and for prices to fall 1.3 percent, according to the group’s latest annual forecast. The Realtor group’s forecast, prepared ...