US Existing Home Sales fell for the 11th consecutive month, down 34% over the last year. This was the 2nd largest YoY decline on record (largest was last month).
— Charlie Bilello (@charliebilello) January 20, 2023
Following the same pattern as the last housing bubble: Affordability collapses -> Sales plummet -> Prices decline... pic.twitter.com/m5K0Skpmd7
Friday, January 20, 2023
US Existing Home Sales fell for the 11th consecutive month, down 34% over the last year. This was the 2nd largest YoY decline on record (largest was last month).
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