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Home » Store » Inside Mortgage Trends » Economic Forecasts Point to Slow and Steady Climbing Home Sales in 2016

Economic Forecasts Point to Slow and Steady Climbing Home Sales in 2016

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Inside Mortgage Trends

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As the housing market witnessed its best year yet in terms of recovering from the financial crisis, reports are pointing to continued progress in 2016, albeit at a slower pace. Pent-up demand coupled with sustained job growth and rising home values encouraged homeowners to put their homes on the market, a trend that Lawrence Yun, chief economist at the National Association of Realtors, said he expects to continue into 2016. “Sales activity in 2016 will once again be ...
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