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November 5, 2017

Housing Inventory, Grocery Checkout Lines, and Absorption Rates

Question:  How Fast (or Slow) is the Housing Market? “Absorption rate”:  the rate at which available homes are sold in a specific real estate market during a given time period. It is calculated by dividing the average number of sales per month by the total number of available homes. –Investopedia.com Assuming the standard definition of...
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