HOUSING: Inventory Falls Lower

Existing home inventories fell further in December by 170,000 units, another positive data point for the housing market that falls in-line with our second Q1 2013 Global Macro Theme of #HousingsHammer. Don’t let the 1% month-over-month decline in existing home sales we saw print this morning get to you; the housing recovery is still underway and in full effect. It's worth noting that this morning's decline in inventory can act as a catalyst for driving home prices higher in the coming year.


Inventory 2 normal normal

  • Investing Ideas

    Investing Ideas is for the savvy, longer-term self directed investor looking for fresh, exciting, long-only opportunities.

    $29.95 per month
  • Daily Trading Ranges

    Every morning, you'll receive our proprietary buy and sell levels on major markets, commodities and currencies.

    $29.95 per month
  • Real-Time Alerts

    Receive email alerts every day in real-time whenever our proprietary model flashes a Buy or Sell signal.

    $29.95 per month
  • Morning Newsletter

    An irreverent, smart and unique take on global macro events including markets, the economy and politics.

    $29.95 per month