Economics

Comments on February Existing Home Sales

Earlier: NAR: Existing-Home Sales Increased to 5.77 million in FebruaryA few key points:1) This is pre-crisis data. Sales will decline sharply in March and April.2) Existing home sales were up 7.2% year-over-year (YoY) in February.2) Inventory is very low, and was down 9.8% year-over-year (YoY) in February. Inventory will probably…

Comments on February Existing Home Sales

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