The National Association of REALTORS® (NAR) Chief Economist, Lawrence Yun, provided his insight and forecast for the 2015 real estate market. Source.
The information in this infographic comes from a video of NAR Chief Economist Lawrence Yun talking about his 2015 housing market expectations.
He expects existing-home sales to rise about 7 percent in 2015 behind a strengthening economy, solid job gains and a healthy increase in home prices.
Lawrence Yun’s forecast video is below. You may also read the news release.