Business, 19.12.2019 23:31 doggylover6633

In a recent news release bloomberg. com reported that the existing home sales declined in december of 2012 (the released article: "existing home sales decline as u. s. supply dwindles", january 22, 2013). as is obvious from the title of the article, the author blamed the reduction in the level of sales on a reduction in the supply of existing homes (existing homes are homes that had already been owned, i. e. not new construction). which of the following explanations might justify this blame?

homeowners expect housing prices to increase in the future

homeowners expect housing prices to decrease in the future

homebuyers expect housing prices to decrease in the future

homebuyers expect housing prices to remain constant.

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