2 ms·
You're conflating some figures -- 820k new homes were sold[1] -- along with roughly 5.6 million existing homes[2]. [1] - https://www.housingwire.com/articles/n
by mikeyouse 5y ago
You're conflating some figures -- 820k new homes were sold[1] -- along with roughly 5.6 million existing homes[2].
[1] - https://www.housingwire.com/articles/new-home-sales-historically-high-in-2020/ https://www.housingwire.com/articles/new-home-sales-historic...
[2] - https://cdn.nar.realtor/sites/default/files/documents/ehs-01-2022-breakouts-of-single-family-condo-and-co-op-2022-02-18.pdf https://cdn.nar.realtor/sites/default/files/documents/ehs-01...
- ameister14 5y agoah, you're right, it was 5 million existing single family, I was pulling from the census and misread. My mistake.