Getting Harder Not Easier To Find Macro Improvement in 2017 (Housing)

By |2017-08-24T18:47:29-04:00August 24th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The most recent housing data continues to suggest weakness. The National Association of Realtors (NAR) reports that sales of existing homes were down slightly last month from June. It continues a lower trend dating back to March. Overall, the level of resales is largely flat going back to the summer of 2015. At a 5.44 million seasonally-adjusted annual rate for [...]