by New Deal democrat New and existing home sales for July 2018: UPDATED with link Both new and existing home sales for July came in low. New home sales were at a 9 month low, and existing home sales at a 2 year low: That’s enough for both series to be scored as negatives, although the new home sales downturn could easily be revised away, and existing home sales are the least important of all housing indicators. I’ll have a full analysis of all home sales indicators up at Seeking Alpha, and when it comes online, I will link to it. UPDATE: and here’s the link!
Topics:
Dan Crawford considers the following as important: US/Global Economics
This could be interesting, too:
Angry Bear writes Geneva plans to pay NGO wages after US foreign aid freeze
Bill Haskell writes Industrial Policy
Angry Bear writes Inflation. How worried should we be?
Angry Bear writes Tariffs Driving Drug Prices Higher
by New Deal democrat
New and existing home sales for July 2018: UPDATED with link
Both new and existing home sales for July came in low. New home sales were at a 9 month low, and existing home sales at a 2 year low:
That’s enough for both series to be scored as negatives, although the new home sales downturn could easily be revised away, and existing home sales are the least important of all housing indicators.
I’ll have a full analysis of all home sales indicators up at Seeking Alpha, and when it comes online, I will link to it.
UPDATE: and here’s the link!