Hard Dollars Back Up Housing Observations

By |2014-08-19T14:06:53-04:00August 19th, 2014|Economy, Federal Reserve/Monetary Policy, Markets, Real Estate|

To add more concreteness and weight to today’s observations about home construction (and renovation), comparable store sales at both Home Depot and Lowes confirm the slowing of real estate construction. It is nice, if not so often, when hard dollar figures imitate to even a small degree what is being shown of adjusted statistical probabilities. Lowes has not yet reported [...]