Wednesday, May 24, 2006

Just Breathe

NAR: housing market to experience its third best year in 2006. NAR Chief Economist David Lereah says: "Coming off a prolonged period of record sales, housing is taking something of a breather this year. Even so, interest rates remain historically low, we've added about 2 million jobs over the last 12 months, and the economy continues to grow. That will sustain healthy levels of home sales in 2006, but they'll stay below the peaks experienced during the last two years."

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