Relevant and even prescient commentary on news, politics and the economy.

Existing home sales, prices, and inventory remain rangebound

 – by New Deal democrat Although they constitute about 90% of all housing sales, I don’t pay too much attention to existing sales because they are not nearly so important as new home sales, since the latter involve much more economic activity in the building process, plus more landscaping and furnishings. As I’ll show below, what […]