How do we know that the housing recovery that began in 2012 is complete? According to an analysis by CoreLogic [1], while home prices and delinquencies have both returned to their pre-crisis levels, home sales have shown signs of lagging. In this video [2], Molly Boesel, Principal Economist, Office of the Chief Economist at CoreLogic explains why one needs to look at the whole picture rather than just home sales to understand if we might be seeing the start of a new normal, where it is expected that home sales would be around a million fewer than what they were in 2000.