At the October 23, 2009 NAR Press Conference Chief Economist Lawrence Yun discusses the existing home sales surge and comes to some interesting conclusions. He uses national statistics by 4 major regions and makes seasonal adjustments. While prices are still down, inventory is decreasing. Seems like his hope is that the tax credit will give the market the stimulus needed to push prices up.
National Association of Realtors Oct 23 Press Conference
by janetporcaro | Nov 7, 2009 | Market Reports | 0 comments