US Housing Market--Another Look

http://www.marctomarket.com/2014/07/great-graphic-us-housing-market-another.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarcToMarket+%28Marc+to+Market%29

These Great Graphics on the US housing market are from the Wall Street Journal's Real Time Economics blog, where Nick Timiraos posted data from the National Association of Realtors. 

In the first half of 2014, existing home sales are about 5% below the H1 2013.  However, they are still above the pace seen in the 2009-2012 period.   

The first chart shows existing home sales in the US at a seasonally adjusted annual rate.  After peaking last July, existing home sales pulled back through Q1, but with the 2.6% gain in June, they rose every month in Q2. Existing home sales reached their highest level since October 2013 at