While most experts agree the housing market is on solid ground, some are beginning to question red flags that are beginning to arise, possibly showing a slowdown in growth.
Monday, the National Association of Realtors reported a drop in existing home sales for the third consecutive month.
Now, one expert wonders if the current growth in housing and the economy is sustainable headed into the second half of 2018.
“On an annual basis, existing home sales continue to extend their slump, retreating at a negative pace for five of the past six months, the weakest streak of sales since 2014,” Stifel Chief Economist Lindsey Piegza said.
“While a number of other factors suggest the U.S. economy is still…