• Lawler: VERY Early Read on Existing Home Sales in December

    8 days ago - By Calculated Risk

    From housing economist Tom Lawler:
    Normally I do not send out anything about the upcoming Existing Home Sales Report until I have a sufficient number of Realtor/MLS reports to make a statistically sound projection. However, based on reports I have seen so far, it appears as if there is a very good chance that the National Association of Realtors' estimate for existing home sales in December will show a materially larger decline from November's estimate than what appears to be the "consensus" forecast. Based on the limited sample I have right now, I'd estimate that existing home sales in...
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