Tag Archives: ong and deep the recession might be

Have new home sales made a bottom?  – by New Deal democrat Hopefully you are recovering from your turkey coma today. Here’s a little late commentary on Wednesday’s new home sales report. New home sales are noisy, and heavily revised, which is why I prefer housing permits, and especially single family housing permits, as a source of information. But . . . on the other hand, new home sales tend to be the very first housing metric that...

Read More »