“Last week’s comments by Chairman Powell, as well as the Federal Reserve’s updated Summary of Economic Projections, suggest increased Fed confidence that a soft landing has been achieved and inflation is headed sustainably to 2%,” said Doug Duncan, Fannie Mae’s SVP and Chief Economist.
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How Does a Home Sale Affect Your Local Economy?
The foundation of wealth-building throughout the country for the masses remains firmly entrenched in real estate. A first-class asset, real estate now represents 17% of the country’s GDP ...
Read More »The Week Ahead: Looking to Continue Prosperous Home Sales
Previous NAR data showed year-over-year and month-over-month increases in existing home sales
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