How Healthy is the Residential Housing Market?

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How Healthy is the Residential Housing Market?

How healthy is the residential real estate market…really? If history is a guide, things are peculiar. New home sales and median new sale prices have generally moved in line with one another, but since the time of the housing crash volume has lagged far behind price. Is it coincidental that interest rates have been kept near zero during the same time period, or the cause? 

housing market

Chart courtesy of zerohedge.com

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