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confoundedinterest17

#bubble, #inflation, #wine, ECB, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, GDP, Gold, Housing, Inflation, Mortgage, New Home Sales, Oil, Powell, REITs, Silver, Treasuries, Treasury, Uncategorized, Wages, Yellen, Yield Curve

February 27, 2023February 27, 2023

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US pending home sales rose 8.1% in January. At the same time, pending home sales declined -22.4% on a year-over-year (YoY) basis.

So, YoY pending home sales growth has been negative for 19 of the last 20 months.

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February 27, 2023February 27, 2023

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