Data Round-Up: Existing Homes Sales Improve, Inventories Still Very Lean

posted by Michael Lewis on November 22, 2016

Found in US, categorized in Macro

Tags: FMI michael lewis home sales

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The stock of homes for sale remains very lean (read: limited selection). At the current sales pace, there was just a 4.3-month supply of total or single-family homes for sale.


FMI’s review of this morning’s October Existing Homes Sales report as well as notes on today’s regional surveys from the Richmond and Philadelphia Fed banks.

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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