Meredith

Housing Market Set for ‘Worst Year in Decades,’ Says Meredith Whitney

Housing Market Set for ‘Worst Year in Decades,’ Says Meredith Whitney

Finance

Sagging home sales underline the difficulties faced by the housing market.Existing home sales fell by 0.7% in May compared with the same month last year, according to the National Association of Realtors, following the slowest April for 16 years. Meredith Whitney thinks the housing market is set for “its worst…