Housing market to stay on High Plateau
April 29th, 2006 at 11:45 am (MSH News)
Existing-Home Sales Rise Again in March.
Home sales should generally level-out and remain at historically high levels, research recently completed by NAR, sales will move up and down somewhat over the remainder of the year BUT stay at a High Plateau, this will be the third strongest year on record.
The chief economist of NAR expects the 30-year fixed rate mortgage to rise to 6.9% by the end of the year.