According to Jed Smith, managing director of quantitative research at the National Association of Realtors, home sales stood at 4.2 million in 2010, and he predicts a rise to 5.1 million by the end of this year. “We continue to see good sales, we expect them to increase 5% next year as prices continue to rise. The market isn’t fully running on eight cylinders yet, but we are getting there.”