According to the NAR, existing-home sales are expected to decline 6.7 percent to 6.6 million in 2006 from 7.08 million last year. That would still be the third highest level on record. New-home sales should fall 12.8 percent this year to 1.12 million from 1.28 million in 2005. Housing starts are forecast to decline 6.8 percent to 1.93 million this year from 2.07 million in 2005.

?EUR??,,????'??The major housing indicators have been moving up and down within a reasonable range, which means the market should even-out just below present levels,?EUR??,,????'?? David Lereah, NAR?EUR??,,????'???s chief economist, said. ?EUR??,,????'??At the same time, housing inventory levels are balanced in much of the country, so overall price appreciation will be at a normal rate. We should see home sales rise and fall month to month, but don?EUR??,,????'???t look for any big shifts one way or the other.?EUR??,,????'??