Ratio of Existing to New Homes Sales

On June 23, 2009, The National Association of Realtors (NAR) released May’s existing-home sales activity. Calculatedriskblog.com has graphed the existing-home sales and new home sales through May. The gap between the two has grown to interesting proportions. What will change in the housing industry?

Click on graph for larger image in new window.

Calculated Risk Blog
Calculated Risk Blog
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