2015 Housing Forecasts
Bill McBride of Calculated Risk summarizes what 2015 will look like in the new home market according to a number of different sources including Goldman Sachs and Fannie Mae. General consensus seems to be modest improvements over 2014 with new home sales expected to run at a predicted range of 503K – 620K, single-family starts ranging from 728K – 802K, and price appreciation from 2.4% – 4.9%. These figures would seem to suggest some level of stability in the housing market in contrast to the relative volatility that has seemed to characterize the housing recovery thus far.
About author
You might also like
Housing Outlook 2015
Kiplinger sets forth its perspective on the housing market for 2015. Among the key takeaways – modest price appreciation, return of first-time buyers and increased new home production. All-in-all, similar
