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2016 Home Sales May be the Best in a Decade

Posted By Wally Reule @ Feb 26th 2016 4:48pm In: Events

This was the projection made by Jonathon Smoke, chief economist at He suggests that continued low interest rates and an improving job market will lead to the sales of 5.4 million homes, up 3% from last year and the best since 2006. As i've reported before, demand has outstripped supply for a few years now, and new construction may be narrowing that gap.

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