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Commercial property values are set within the funding market, whereas residential prices are often or typically set in the unoccupied market, so there’s a difference in behaviours. NAR Chief Economist Lawrence Yun joined different main housing analysts Tuesday at NAR’s digital Real Estate Forecast Summit to debate gross sales projections heading into 2024—and the specialists agreed that better days are forward Real Estate News for the real estate market. After two years of sharp declines, existing-home gross sales are poised for enchancment in 2024. But first, this slice of the housing market should weather the relaxation of a rocky yr…