Lawrence Cloud, chief economist at the National Association of Realtors: “Even in an environment where mortgage interest rates have risen over the past few months, home sales have remained surprisingly stable.” “There is no doubt that if average mortgage interest rates fall back to around 6%, the real estate market will thrive.”

Lawrence Cloud, chief economist at the National Association of Realtors: “Even in an environment where mortgage interest rates have risen over the past few months, home sales have remained surprisingly stable.” “There is no doubt that if average mortgage interest rates fall back to around 6%, the real estate market will thrive.”