Existing Home Sales Volume: Sales of pre

Existing Home Sales Volume: Sales of previously owned homes and new homes stumbled after mortgage rates spiked in 2013. Sales gradually picked up towards the end of 2014 and are running modestly above their weak levels of a year earlier. Home sales offer the best gauge of housing demand at prevailing prices and interest rates. Sales of new homes tend to pack a bigger punch for overall economic growth, but they remain well below their pre-bubble levels. http://ow.ly/i/c7E78

About BillGrossC21

Licensed California Real Estate Broker and Productivity Coaching
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