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Home Sales to Hold Steady in 2014, but Prices will Continue to Rise

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SAN FRANCISCO (November 8, 2013) – Existing-home sales are expected to retain the healthy gains seen this year, while prices will stay on an uptrend in 2014, according to a forecast presentation at a residential forum during the 2013 Realtors® Conference & Expo.

Lawrence Yun, chief economist of the National Association of Realtors®, said existing-home sales have shown a 20 percent cumulative increase over the past two years, while prices have… Read More

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