The recent trend suggests that we will see continued strength in resales in the months ahead. However the current low inventory levels, which are placing upward pressure on home prices, remain a downside risk. Derek Lindsey More Quotes by Derek Lindsey More Quotes From Derek Lindsey First-time home buyers continue to be crowded out by competition from investor sales. Price pressures from low inventory present another headwind to first-time buyers. Derek Lindsey company-news The trend in claims remains quite low and continues to point to steady labor market improvement. Derek Lindsey business The continued resilience in existing home sales gives further support to the notion that much of the Q1 weakness in resales was weather-related. Derek Lindsey top-news The trend in claims, solidly below the pre-recession trough, remains in line with our forecast for continued tightening in labor market slack ahead. Derek Lindsey most-read-articles
