Richard Stein – Realtor®, Douglas Elliman, GREEN, SFR, CBR, eCertified®

Local Agent, Worldwide Marketing – Douglas Elliman Real Estate formerly Prudential Douglas Elliman Real Estate

US housing: Still going strong but for how long?

A mixed month for US housing data, but the overall direction remains upwards. The question is, how long will this trend continue?

In this article

 

Sales are down

Several key data for the US housing market pointed downwards in April. Sales of both new and existing homes fell relative to March, and by somewhat more than consensus expectations. New home sales in previous…….

Though construction is powering ahead

At least the construction of new……

But how long can it last?

Taking a step back, the obvious question is……

FULL STORY AT ING

 

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