Tag Archives: Severe Weather

Existing Home Sales Fall Less Than Expected

Sales of existing homes fell 3.8 percent in May, not as deep a drop as some had forecast, to a seasonally adjusted annual rate of 4.81 million units. April’s figure was revised down to 5 million. Potential homebuyers continue to … Continue reading

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Can Lack of Inventory Save Housing?

The current supply of homes on the market is the best indicator of the future health of the housing market. Let me say that again: Inventories matter. Despite the fact that inventories of newly constructed homes fell to a 7.3 … Continue reading

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