Industry NewsMarkets & Economy

NAR: Rising home sales, unemployment

Forecast calls for jobless rate to top 10% in 2010
Published on May 5, 2009

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by CareyBot

The National Association of Realtors, in its latest economic forecast, anticipates that the nation's unemployment rate will hit 10.2 percent next year. The also group boosted its expectations for resale home prices and sales in 2010 from an earlier forecast.