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Easing Mortgage Rates to Boost Home Sales in 1981 Outlook
Dr. Jack Carlson of the National Association of Realtors predicts easing mortgage rates and stronger growth will lift existing home sales to 3.2 million in 1981, up 11 percent from 1980, with 1982 rising to 3.8 million. Prices seen up about 11.6 percent in 1981 and 12.5 percent in 1982, while new construction activity remains near 1980 levels.
MENTIONED IN THIS ARTICLE
Jack Carlson
National Association of Realtors
Carlson