Opinion: Steve Murray's bearish look at future home sales

Opinion: Steve Murray’s bearish look at future home sales

During the last period when the United States had high levels of inflation – the 1970s and early 1980s – inflation only ended when the Federal Reserve raised interest rates to all-time highs and limited money supply growth. During this time, the following events took place: Sales of existing homes peaked in 1979 at 3.8 …

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