Terminal (Money) Velocity? The Missing Existing Home Sales Inventory And Collapsing Money Velocity

(Anthony B. Sanders) Have you ever wondered why the inventory of existing home sales have crashed since the housing bubble of the early/mid 2000s?

If I overlay the median price of existing home sales with low inventory and low money velocity, we get surging prices.

Poor Kristy Swanson.

Source: by Anthony B. Sanders | Confounded Interest

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New Home Sales Tumble In September As Average Price Hits Record High

U.S. new home sales drop; record low mortgage rates underpinning demand