Relevant:
- Single-Family Inventories Remain Oversupplied by 900,000 Units
- Oversupplied NYC Will See A Flood Of New Apartments And Condos This Year
- US existing home sales unexpectedly fall in July
- Almost All of the New Apartment Inventory Nationwide is "Ultra-Luxury"
- U.S. existing home sales surge; supply improves
2009-12-25 — ml-implode.com
"The housing market remains oversupplied by 860,000 units when compared to a 10-year average inventory and the overhang represents a direct contradiction to the spirit of Tuesday’s headlines describing new data from the National Association of Realtors."
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