Why Has the Disparity Between U.S. Home Sales and Household Formation Widened?
Former JPMorgan Chase Global Chief Economist (Ph.D. in Economics), and Current BrightQuery Chief Economist
Special Thanks to Beno Assis on Unsplash.com
Over the last several years, U.S. residential housing observers have noticed that the disparity between existing home sales and household formations has widened. Existing home sales, which account for 86% of total home sales, have fallen short of the…
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