Interpreting January’s Housing Data

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March 05, 2015

Chief Economist at First American Mark M. Fleming says that the public and policymakers should take news about January’s housing data with a grain of salt.

“Or better yet, the whole shake,” Fleming adds. “The doom-and-gloom view derives from one simple statistic: Existing-home sales fell by nearly 5 percent between December 2014 and January 2015.”

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