home sales
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Started by bear - Oct. 22, 2019, 7:57 p.m.

https://www.yahoo.com/finance/news/u-existing-home-sales-drop-140605973.html


number of homes on the market down 2.7% y-o-y

existing home sales up about 4% y-o-y

home price up about 6% y-o-y

so even with fewer homes available,  more homes sold, and for a higher price.  that suggests a healthy consumer market.

we can tell here, locally, (NW Tucson),  developers are buying out cotton farmers, and building homes at a nice pace. (still not quite the wild market of 2007).  



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Re: home sales
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By metmike - Oct. 22, 2019, 8:34 p.m.
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Thanks bear!

Re: home sales
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By TimNew - Oct. 23, 2019, 3:39 a.m.
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Housing has been soft for about a year or so,  but we've been seeing hints of a resurgance the last month or so coresponding to lower  interest rates.