Existing Home Sales Decline in December To 5.49M Units, Back To 2001 Levels

Jon Market Commentary, Real Estate

It seems like the US will never fully recover from the housing and mortgage credit bubble that began in 1995 and erupted in late 2007 and 2008.
Existing home sales in December declined to 5.49 millions units SAAR. That is a 2.8% decline.

This post was published at Wall Street Examiner on January 24, 2017.