The Scotsman Guide recently spoke with Lawrence Yun, Chief Economist for the National Association of Realtors about where the housing market is heading in 2016.
What is the overall health of the housing market right now? I would say it is in a good condition, a moderate recovery and certainly a sustainable recovery. The only negative sign would be that the home prices, or even rents, are rising fast in relation to people’s incomes. That would be the only hiccup. Otherwise the housing market is in a good state.
Click here to read the full interview on the Scotsman Guide.
