for-sale inventory

Housing Consistency

The use of weather as an economic excuse, obviously, is meant as a way of avoiding uncomfortable questions and factors. The incongruence of the attempt was most egregious in what came to be known as the Polar Vortex of Q1 2014. The weather was unusually cold, to be sure, but that doesn’t account for why so many economic statistics suddenly [...]

Figuring Home Resales

By Jeffrey P. Snider|2016-10-20T17:20:19-04:00October 20th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Home resales rebounded in September according to the National Association of Realtors (NAR) from an admittedly lackluster summer. Outside of that narrow view of just the past three months, resales, however, really haven’t grown at all going back to last summer. Year-over-year, sales were down 1.8% in July, up just 0.2% in August, and only 0.6% in September. Like Ford’s [...]

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