The Most Splendid Housing Bubbles in America, July Update: Whittling Down the Crazy Price Spikes

The Most Splendid Housing Bubbles in America, July Update: Whittling Down the Crazy Price Spikes

First signs the juice is coming out, with several months lag. By Wolf Richter for WOLF STREET. Signs are now everywhere that the crazy housing market is turning the corner. Earlier today the Census Bureau reported some chilling data on new house sales and prices, which plunged in June, as inventory surged to the highest since 2008. The …

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