Nationwide Home Sales Collapse: There Is No Recovery and This Chart Proves It

They'll cite various statistics and give you a "feel" for the market from their personal experiences to convince you this is the case. But if you're paying attention, then it should be clear that there is, in fact, no recovery in the housing sector. And any gains we may have seen over the last few years are nothing short of a Federal Reserve fueled mirage, much like the stock market.