First Look: 2017 Housing Forecasts

Towards the end of each year I collect some housing forecasts for the following year.  It looks like analysts are optimistic on New Home sales for 2017, although that might change with higher mortgage rates and policy changes .  I'll post updates as the forecasts change (and add more forecasts soon). First a review of the previous four years ... Here is a summary of forecasts for 2016 . In 2016, new home sales will probably be around 565 thousand, and total housing starts will be around 1.175 million.  Fannie Mae and Merrill Lynch were very close on New Home sales,......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2fgcyDM
via IFTTT