Why Are New Home Sales Still Far Below Those of Prior Decades?

new home sales 1963 -2016 high low by decade

New home sales during the housing “recovery” of the past few years are roughly equal to the lows of new home sales of the 1960’s, 70’s and 80’s. More new homes were sold in many months in the 1960’s and 1970’s than were ever sold during any month during the period of 2010-2016. Three Factors Read More →