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    Posted on October 19th, 2005

    Written by ed

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    NAR predicts strong home sales

    The National Association of Realtors® (NAR) is forecasting strong home sales for the second half of 2005. Factors include housing needs as a result of Hurricane Katrina, and also buyers who want to purchase before an anticipated rise in interest rates.

    For 2006, the NAR predicts that the real estate market activity may slow as interest rates rise, and also that price appreciation may also slow.

    To read more about the NAR forecast: NAR home sale forecast for 2005 and 2006

    This entry was posted on Wednesday, October 19th, 2005 at 10:29 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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