BRIEF-Freddie Mac projects home sales to decrease to 5.90 mln in 2017


April 18 Federal Home Loan Mortgage Corp
:

* Freddie Mac april 2017 outlook

* Project home sales to decrease to 5.90 million in 2017,
“failing to build on momentum of 2016”

* “Home prices have still not recovered to their pre-crisis
levels for many homeowners”

* Housing starts were 1.17 million for 2016 and are
projected to be 1.26 million for 2017
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