Economists Predict Soft Landing for Housing

Here is an interesting article about the outlook of the real estate market.

RISMEDIA, May 2, 2006—After soaring to record levels for three consecutive years, the single-family housing market is gliding toward a “soft landing” in 2006, as rising interest rates, affordability issues and a reduced role for investors/speculators contribute to a softening in demand, according to economists at the National Association of Home Builders (NAHB) Construction Forecast Conference in Washington, D.C. on April 27.

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