The government sponsored enterprise Freddie Mac has predicted in 2015 that U.S. home sales will be at the highest level since 2007. Freddie looked at five key factors in 2014 - home sales, mortgage originations, home values, rental market and mortgage rates, then predicted how it would affect housing and the economy next year.
The recent drop in oil prices, current economic growth was also factored into their prediction. Here is the link to the full article.
The recent drop in oil prices, current economic growth was also factored into their prediction. Here is the link to the full article.