Existing homes sales market falls again, market lacks sellers
Housing Wire
AUGUST 22, 2023
“Home sellers are buyers” — this is a phrase that I have been using in my economic work to explain the reality of the housing market recently. Yes, this, my friends, is why I say the housing market is savagely unhealthy, something I discussed with CNBC last Friday. Obviously, people don’t sell a home to be homeless.
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