Well, it’s taken a long time, but home sales are back at the top! For over a year now, everyone has been claiming recovery, but a “recovery” never feels real until it has surpassed the previous highs. We see it with the stock market all the time. The market “recovers”, but takes a while longer to surpass the previous high. For home sales, we just surpassed the April, 2006, number — the high prior to the Great Recession. Let the good times roll!
