Existing homes sales dropped back in December, as the lowest level of inventory since records began in 1999 weighed on activity. That shortage of homes for sale also suggests that any boost to housing demand from a Trump fiscal stimulus will primarily give house prices, rather than home sales, a boost over 2017.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services