Markets & Economy

Real estate market recap, June 8-12

The big news in real estate markets, recapped for your convenience

Here's what happened this week in the real estate market: Fannie Mae released results from its May 2015 National Housing Survey: 12-month average home price change expectation remained at 2.8 percent. Respondents who said home prices will rise in the next 12 months comprised 49 percent of the total. Respondents who said home prices will fall comprised 6 percent of the total. Respondents who said mortgage rates will rise in the next 12 months comprised 47 percent of the total. Image courtesy of Fannie Mae. 66 percent of respondents said it's a good time to buy a house. 49 percent of respondents said it's a good time to sell a house. Respondents who think it would be easy to get a home mortgage comprised 50 percent of the total. Respondents who think it would be difficult to get a home mortgage comprised 46 percent of the total. Respondents who said they would buy if they were to move comprised 66 percent of the total. Respondents who said they would rent i...