Saturday August 19th 2017

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‘12 Investor / Principal Preparation’ Archives

Housing Sales Jump Only Masks Still Anemic Performance

Housing Sales Jump Only Masks Still Anemic Performance

Existing Home Sales are in the tank.  A 10% jump last month doesn't change that.  In July the annual rate fell to a low of 3.84 million as you will see below.  This month pushes the tally back toward but failing to reach 5,000,000 annual sales.  A health market probably will see numbers in the 6 million to 8 million annual sales rate.  [...]