The day before, NPR was reporting on the exact same data in a positive light, about how the housing crash of 2008 is now 10 years in the past, and prices have f

The day before, NPR was reporting on the exact same data in a positive light, about how the housing crash of 2008 is now 10 years in the past, and prices have fully recovered, and are as "strong" as they've ever been. Same facts, two different sides of the coin. Sales of previously-owned homes have been falling [1], and declined again. Limited supply causes more and more purchases to resemble an auction, which pushes closing prices higher. [1] https://www.wsj.com/articles/u-s-existing-home-sales-fell-in-april-1527170773 https://www.wsj.com/articles/u-s-existing-home-sales-fell-in...