CoreLogic’s 5 housing market predictions for 2016

Home sales, prices and rents will rise, while the vacancy rate will stay low
  • As the new year approaches, economists are getting detailed with their 2016 predictions.
  • An improved macroeconomy will result in rising home prices, according to CoreLogic.
  • While single-family home originations will decline, we'll likely see a gain in multifamily lending, which reflects higher property values and the completion of new housing.

With the countdown to the ball dropping on the end of 2015 a little more than a week away, economists are predicting that economic growth will continue in 2016 as the country enters its eighth consecutive year of expansion.