Sunday, 25 September 2022 | The Latest Buzz for the Appraisal Industry

Home Sales, Housing Starts Expected to See Significant Growth in 2015

By Brian Honea

Employment grew at a rate higher than the national average (3 percent, as opposed to 2 percent) for the 25 to 29 age group, which is good news for housing, because this age group is the key first-time homebuyer segment. Steadily falling oil prices, which are down 45 percent since June, provide more economic growth tailwind going into next year. The drop in oil prices reduces energy-related expenses not just for driving, but for residential real estate also, according to Khater.

The post Home Sales, Housing Starts Expected to See Significant Growth in 2015 appeared first on theMReport.com.

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