QE 3 & Home Sales

By |2013-01-25T15:57:10-05:00January 25th, 2013|Markets|

December sales of new homes was disappointing in that the adjusted pace did not keep up with previous months. From May 2012 through October 2012, year-over-year increases in new sales levels stayed consistently above 20%. That drove expectations that the trend in residential real estate had finally turned. Given available data, that does seem to be the case. Economists and [...]