Reasons for US Home Sales Being Down Since 2008

TOP_US Homeownership Rate Logan Dec 28 2014

As you can tell from the graph Average Wage Growth has been muted at 2.0% and Real Median Household Income has went down from $56,000 USD to $52,000 USD from 2009 to 2014, a roughly 7% drop. Furthermore, employment as a function of population (a ratio) has went down meaning the unemployment rate is a… Read More »

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