Are the Real Estate Bellwethers Finally Ringing? Check out the Numbers
In case you’re still a nonbeliever that housing has finally crawled its way into recovery mode, ask yourself: What are the bellwether indicators of the early stages of a rebound? You can probably rattle them off.
Rising home prices in the vast majority of the country’s major markets.
Tightening of the supply of houses listed for sale.
Quickening rates of turnover of the available housing inventory – how fast houses listed for sale are put under contract.
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