Housing Glut?

Toddi Gutner

Ian Shepherdson, Chief U.S. Economist of High Frequency Economics has touted his bearish housing market views for months. In fact, he predicted something of a summer meltdown. He’s certainly in an enviable position to say “I told you so,” to his critics, especially since current statistics continue to prove him right. Most recently, he reported on the growing supply of homes on the market.

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