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REALTORS® Expect Moderate Price Growth in Next 12 Months
REALTORS® who responded to the November 2015 survey expected prices to increase by 3.2 percent over the next 12 months (3.2 percent in October 2015; 3.0 percent in November 2014).9 REALTORS® expect the recent strong price growth to moderate as rising prices have made homes “unaffordable” for many, according to the November 2015 REALTORS® Confidence Index Survey Report.