Contrary to What You Read in the Washington Post, House Sales Have Recovered

The continuing weakness of the housing market is a regular theme of the business media. They seem as eager to display their ignorance now as they were during the housing bubble years. 

The Post gave us another item in this series in an AP article on existing home sales in April, which ran at 4.65 million annual rate, according to data from the National Association of Realtors. The fourth paragraph told readers:

"Nearly five years into the recovery from the Great Recession, real estate sa...