Friday, November 21, 2014

Home Sales: Out With the New, in With the Old ‹ Zillow Real Estate Research

Posted by Me on Facebook on November 21, 2014 at 05:31PM:



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Source:

http://bit.ly/1yAzvB3

Description:

Markets are supposed to respond to prices. As any economics undergrad learns, when demand exceeds supply, prices rise, which leads to more supply, which reduces prices, which increases demand, which leads prices to rise, and on and on ad nauseam.

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