Monday, December 5, 2016

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. 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, and MetroStudy was close on starts. Here is a summary of forecasts for 2015 . In 2015, new home sales were 501 thousand, and total housing starts were 1.112......(read more)
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