Housing slump not quite over
Posted August 26, 2009
Updated March 31, 2016
Existing home sales had their biggest jump in over a year, rising 7.2 percent in July and 5 percent in June according to the National Association of Realtors.
This data has given economists and other market participants a level of confidence not seen in quite some time. So, the question at hand is: Is the housing slump OVER and are we on a road to recovery?