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Home Inventories Drop Meaningfully in December, Trend Needs to Continue

posted 464 weeks ago on The Peridot Capitalist

Updating our long-running chart of existing home inventories, we see a sharp drop in December. The chart below shows 2007 and 2008. You can see that monthly inventory drops in the past have been temporary, and not the beginning of a new trend. Hopefully this can change going forward. In order for the economy, our financial [...]

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