NAR midyear forecast: Despite inventory, home sales expected to rise in 2018

Several speakers at the 2018 Realtors Legislative Meetings and Trade Expo stated that they are forecasting a slight increase in home sales for 2018, but that growth won’t come without some obstacles. Despite a strengthening economy, wage growth and improving job market, issues like low supply and affordability may threaten the rate of increase for home sales in 2018, according to the speakers.