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Editor’s Note: This is part of a monthly video series from the NATIONAL ASSOCIATION OF REALTORS® that aims to refresh and educate members about important aspects of being a REALTOR®. Watch for this series each month in RISMedia’s Daily Real Estate Advisor.

In this video, NAR Chief Economist Lawrence Yun talks about the outlook for the 2015 housing market. He expects existing-home sales to rise about 7 percent in 2015 behind a strengthening economy, solid job gains and a healthy increase in home prices.

See an infographic containing information from Lawrence Yun’s forecast video.

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