The NAR reported a decline of 3.2% in existing home sales in July. This was the seasonally adjusted fudgepack number. It prompted the Dow Jones flagship Wall Street Journal to trumpet: U.S. Existing Home Sales Fall for First Time Since February I prefer to look at the actual data, using the annual rate of change…
The post Here’s Why Existing Home Sales Are In Unsustainable Path was originally published at The Wall Street Examiner. Follow the money!
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