Here's What The "Distressing Gap" Between New And Existing Home Sales Is Saying

By request, here is an update – this graph shows existing home sales (left axis) and new home sales (right axis) through August. This graph starts in 1994, but the relationship has been fairly steady back to the ’60s. Then along came the housing bubble and bust, and the “distressing gap” appeared (due partially to distressed sales).

Read the whole thing at Calculated Risk >

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