It’s not the least bit surprising to see low sales numbers in an environment where new homes aren’t being built, and where existing home inventory is being kept off the market due to national policies that artificially constrain inventory.[/quote]
It’s also not the least bit surprising to see low sales numbers when we’ve had negative job growth for 2 years running as well. Eventually, willing and able buyers dries up. No job growth, no need to build new homes. The Feds want high numbers and would release properties if they thought the could get them w/o lowering prices.
