Tuesday, November 7, 2017

First Look: 2018 Housing Forecasts

Towards the end of each year I collect some housing forecasts for the following year.  This is just a beginning (I'll gather many more). First a review of the previous five years ... Here is a summary of forecasts for 2017 . It is early (just nine months), but in 2017, new home sales will probably be around 600 to 610 thousand, and total housing starts will be around 1.200 to 1.210 million.  Wells Fargo and Brad Hunter (HomeAdvisor) appear very close on New Home sales, and Merrill Lynch and NAR appear close on starts. Here is a summary of forecasts for 2016 . In 2016, new......(read more)
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