WASHINGTON (May 12, 2016) – Relentless supply constraints and home price growth outpacing wages are testing the patience of homebuyers this year, but existing-home sales are still on track to come in at their highest pace since 2006, according to an economic forecast forum here at the 2016 REALTORS® Legislative Meetings & Trade Expo. 

Lawrence Yun, chief economist of the National Association of Realtors®, presented his midyear economic and… Read More