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Thursday, March 30, 2023

Fundamental: Don’t Let the Headlines Fool You - Tiny Month-to-Month Uptick in US Pending Home Sales: Still -21%...

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Alert Alert Mar 30, 2023, 11:23am
 
Fundamental: Don't Let the Headlines Fool You - Tiny Month-to-Month Uptick in US Pending Home Sales: Still -21%...
So you read in the headlines today that pending home sales rose "unexpectedly" for the third month in a row, and that's another sign that the boom in the housing market is back, LOL. So let's bring a dose of reality to these headlines. The National Association of Realtors reported today that "pending sales" – "a forward-looking indicator of home sales based ...
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