Pending Home Sales | The Big Picture
June Pending Home Sales showed no negative impact to the rise in mortgage rates and responded instead to lower prices and tax incentives as it rose 3.6% m/o/m,
June Pending Home Sales showed no negative impact to the rise in mortgage rates and responded instead to lower prices and tax incentives as it rose 3.6% m/o/m,
Most of the Media and Wall Street economists have had the inherent tendency to get this data wrong . . . the latest batch of releases is no different
The May S&P/CaseShiller 20 city home price index fell 17.06% y/o/y, better than the forecasted drop of 17.9% and its the smallest fall since Aug ’08. The.
June New Home sales, a measure of contract signings, totaled 384k annualized, 32k more than expected and up from a revised 346k in May. The federal $8000 tax.