Housing slump not quite over
Posted August 26, 2009 12:24 p.m. EDT
Updated July 13, 2018 1:43 p.m. EDT
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?