NAR Predicts Consumer Spending Will Propel Continued Economic Growth in 2021

Source: The World Property Journal — 

According to the National Association of Realtors, after recording the quickest recovery in the nation’s history in the wake of the COVID-19 pandemic, the U.S. economy is expected to kick into higher gear in 2021.

With the number of vaccinated Americans increasing and new coronavirus cases on the decline, NAR Chief Economist Lawrence Yun anticipates the economy will grow 4.5% in 2021.