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It’s no secret that the housing market is currently in a transformative stage that has effected the lives of many. Keeping your knowledge of current is the first step to building a business that will transcend the shifts of the industry. MarketWatch interviewed Nadia Evangelou, Senior Economist and Director of Forecasting at National Association of Realtors (NAR), to get a better understanding of what we can expect in the upcoming years. Here are a few of her points on the housing market.
1. The market is showing indications of cooling.
2. Home prices will continue to rise but at a slower pace