Housing Contradictions

By |2014-07-24T11:19:22-04:00July 24th, 2014|Economy, Federal Reserve/Monetary Policy, Markets, Real Estate|

In contrast to existing home sales there has been no real bounce in new home sales. Again, that more than contradicts the idea of a home shortage (or at least a true market shortage, there may be a shortage when only factoring monetary targets) and further explains why builders are reluctant to close the purported supply gap. It makes no [...]