U.S. housing market turnover to improve over coming year

Screen Shot 2016-09-01 at 5.53.03 AMReuters poll

Turnover in the U.S. residential property market is set to rise over the coming year, according to a strong majority of analysts polled by Reuters who also forecast the pace of house price gains to remain relatively steady this year and next.

The results, from a poll taken Aug. 15 to 30, are based on optimism about a continued strong job market and spell good news for the U.S. economy given all of the industries tied to housing, from construction to furniture sales.

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