The National Association of Realtors (NAR) has forecasted that the Austin metro market will experience a significant surge in housing demand in the coming year. NAR’s Chief Economist predicts that the region will see a tremendous increase in existing home sales in 2024, with an estimated 4.71 million units sold.
Key points:
– NAR predicts pent-up housing demand in the Austin metro market in 2024
– The region is expected to experience a substantial increase in existing home sales
– NAR’s Chief Economist forecasts 4.71 million existing home sales in 2024
This prediction highlights the growing interest in the Austin real estate market and suggests a favorable environment for homeowners looking to sell. The anticipated surge in demand can be attributed to factors such as population growth, employment opportunities, and the overall desirability of the area.
You can read this full article at: https://wrenews.com/nars-chief-economist-forecasts-4-71-million-existing-home-sales-in-2024/
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