Economies are booming or busting depending on population growth
This week the National Association of Realtors announced February sales of existing homes had fallen 3.7 percent from January, based on an estimated, seasonally adjusted and annualized 5.48 million homes, the decline attributed to a shortage of homes for sale.
Blah, blah, blah. That could be the first paragraph of any national housing report in the last five years.
Fractional change in a huge market. Blah. Inventory scarce. Blah.
NAR people, could we try a little harder — perhaps shed some descriptive light?
