by Summary:
New home sales continue to grow at a slower pace than prior cycles, with absolute levels remaining historically depressed. The chart is not population adjusted: Can also be a reflection of what’s going on in China: Another one of those recent moves up that is now likely to reverse:
Topics:
WARREN MOSLER considers the following as important: Economic Releases
This could be interesting, too:
New home sales continue to grow at a slower pace than prior cycles, with absolute levels remaining historically depressed. The chart is not population adjusted: Can also be a reflection of what’s going on in China: Another one of those recent moves up that is now likely to reverse:
Topics:
WARREN MOSLER considers the following as important: Economic Releases
This could be interesting, too:
WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages
WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices
WARREN MOSLER writes Saudi price hike, private payrolls, new hires, corporate profits
WARREN MOSLER writes Pending home sales, Durable goods orders, oil rigs and production
New home sales continue to grow at a slower pace than prior cycles, with absolute levels remaining historically depressed. The chart is not population adjusted:
Can also be a reflection of what’s going on in China:
Another one of those recent moves up that is now likely to reverse:
