2009 December 01 | The Mortgage Buzz

From the daily archives: Tuesday, December 1, 2009

New Home Supplies Plummet, Pressuring Home Prices Higher

By Steve Levitt On December 1, 2009 · In Uncategorized

The supply of newly-built homes fell to its lowest levels since 2006, offering additional proof of a housing market in recovery.

Home supply is defined as the amount of time it would take to sell the current inventory of homes at the current pace of [...]

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