Stimulato! Existing Home Sales Rise 2% In October To 2002 Levels (California $1M And Above Rise 24.9%)
It has taken a staggering amount of stimulus since late 2008 (doubling The Federal Public Debt), The Fed’s zero interest rate policy/QE policies and a decline in the 30 year mortgage rate from 6.41% to around 3.50% …
to get existing home sales back to 2002 levels.
This post was published at Examiner on November 22, 2016.