patrick.net

http://www.zerohedge.com/news/2013-12-30/pending-home-sales-plunge-fastest-pace-april-2011

Lawrence Yun, NAR chief economist, said the market is flattening. Although the final months of 2013 are finishing on a soft note, the year as a whole will end with the best sales total in seven years. ... Total existing-home sales this year are expected to reach 5.1 million, a gain of almost 10 percent over 2012, but should stay at that level in 2014, and then rise to 5.3 million in 2015. The national median existing-home price for all of this year will be close to $197,300, up nearly 12 percent from 2012, but is projected to rise at a more moderate pace of 5 to 5.5 percent in...