THERE’S AT LEAST ONE ONE PART OF THE HOUSING MARKET THAT’S BOOMING

Who says the housing market is dead? Investment-home sales rose by 64% last year, to 1.23 million units even as owner-occupied dropped by 15%.

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Who says the housing market is dead? Investment-home sales rose by 64% last year, to 1.23 million units even as owner-occupied dropped by 15%. Is it possible to have a housing bubble and a housing depression at the same time? I think this is what market-clearing looks like. . . .