CME Futures Market on U.S. Housing Prices in 2009

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CME Futures Market on U.S. Housing Prices in 2009

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Slimprofits

iTulip High Commissioner

Join Date: Apr 2007

Posts: 4224

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#16

October 20, 2008, 02:28 AM

Re: CME Futures Market on U.S. Housing Prices in 2009

In late September, Miami-Dade had a 32-month supply of single-family homes and a 41-month supply of condos listed for sale -- meaning it would take that long to sell all the homes at the current pace. Broward had a 20-month supply of single-family homes and a 29-month supply of condos, South Florida Regional MLS listings data show. In a normal market, homes for sale amount to a six- to 12-month supply.

source: MiamiHerald

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