Existing Home Sales Bounce Essentially a Mirage; Supply Drops to 11-Year Low: Is that a Problem?

Existing Home Sales Bounce Essentially a Mirage; Supply Drops to 11-Year Low: Is that a Problem?

January 22, 2016 0 By News Desk
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Bloomberg Econoday reports … Existing home sales bounced back sharply in December, up an outsized 14.7 percent to a 5.46 million annualized rate that just tops Econoday’s top-end forecast

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Existing Home Sales Bounce Essentially a Mirage; Supply Drops to 11-Year Low: Is that a Problem?