And it's all pegged as we know, largely off the 7 and 10 year yield, but mainly the 10 year yield. Residential real estates will continue to fall and decline by 4 to 5% nationally even as interest rates fall. Rising inventory, lower mortgage rates and falling values will spur a nice bounce in housing sales in the spring and summer selling season. Commercial real estate values and performance will be a mixed bag. Transaction values will increase. Values will be supported by falling rates. (01:41–01:52)
CLAIM
Predicts increased housing sales due to rising inventory and lower mortgage rates.
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