Seattle Agent Magazine | Patrick Regan
Mortgage rates will dip to about 6% and home sales will grow about 9% to 13% in 2025, National Association of REALTORS® Chief Economist Lawrence Yun said this week.
Yun shared his predictions Monday during the Chicago Association of REALTORS’® market outlook event at the Radisson Blue Aqua Hotel in Chicago, but his projections came with a caveat.
“Don’t take the numbers too seriously. Just like snowfall. The conditions are there for snow, but … you just have to see. The conditions for sales are there, but you have to see,” Yun said.
Read the full article: NAR’s Lawrence Yun predicts home-sales growth of 9% or more in 2025