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Fishkind Conversations: Are Home Sales Really Falling? Yes. And No.

90.7's economic analyst Dr. Hank Fishkind, President of Fishkind and Associates
90.7's economic analyst Dr. Hank Fishkind, President of Fishkind and Associates

Sales of existing homes tumbled in January nationwide, falling 3.2 percent compared with December and down by 4.8 percent from January 2017. Economic analyst Hank Fishkind says this seems very surprising since interest rates are low, job growth is strong, and home prices have rebounded above their prior peak in 2005.

90.7's Nicole Darden Creston asked Fishkind to explain what's behind the numbers that seem lower than expected.

Click the Play Audio button above to hear their conversation.

Nicole came to Central Florida to attend Rollins College and started working for Orlando’s ABC News Radio affiliate shortly after graduation. She joined Central Florida Public Media in 2010. As a field reporter, news anchor and radio show host in the City Beautiful, she has covered everything from local arts to national elections, from extraordinary hurricanes to historic space flights, from the people and procedures of Florida’s justice system to the changing face of the state’s economy.