NAR Predicts 2025 Home Sales Will Grow by 9 Percent

Published on November 12, 2024

National Association of Realtors (NAR) chief economist Lawrence Yun this past weekend predicted a 9 percent increase in home sales for 2025 and a 13 percent hike for 2026. Yun issued his forecast on Nov. 8 at NAR’s Residential Economic and Trends Forum in Boston. He noted that both 2023 and this year have been challenging for existing sales. The year “2024 has been a very difficult year on many fronts. We did not get the home sales recovery this year after an awful 2023,” he said. However, he indicated that there was a slight growth in pending home sales in September. “Maybe the worst is coming to an end,” he said....

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