NAR's Yun says rates will "bifurcate" spring housing market
National Association of Realtors | April 10, 2019
Sellers of houses near or below the U.S. median price of about $250,000 are going to see strong demand in the so-called spring selling season, said Lawrence Yun, chief economist for the National Association of Realtors. The high end of the market homes priced above $750,000 will have a tougher time, he said. The spring market is the March through June period when more than half of U.S. home sales take place.