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NARÕ Yun forecast for 2019 housing sales: New homes will drive market gains

May 17, 2019By

New home sales probably will reach a 12-year high in 2019, according to Lawrence Yun, chief economist of the National Association of Realtors. Sales of existing homes probably will be flat, he said at NAR’s Legislative Meetings & Trade Expo in Washington D.C. on Thursday.

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

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