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Freddie Mac: New home sales set to take over in 2018

Sep 21, 2017By

Going into 2018, Freddie Mac predicted new home sales will continue to grow, even becoming the primary driver of home sales. This gradual increase in new homes, combined with gradual increases in mortgage rates, will help reduce rapidly-rising home prices next year. While Freddie Mac forecasts home prices will continue to increase, it will be at a slower pace.

3d rendering of a row of luxury townhouses along a street

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