The one chart that describes the U.S. housing market

August 25, 2014

With many charts describing different aspects of the housing market, the NAR has released one chart that summarizes the market’s current state, one which ZeroHedge.com columnist Tyler Durden calls “schizophrenic.” Based on the chart, the low-end of the housing market continues to collapse at a 12.9 percent drop, while the upside activity that pushes the median price higher is reserved for the ultra-luxury segment, or houses that cost over $1 million.

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