Existing Home Sales Fall 5.44% Year Over Year In March

Existing Housing Sales Inventory Lowest Since 1999

https://confoundedinterestnet.files.wordpress.com/2019/04/ehsyoyinv.png

At the same time, the INVENTORY of existing home sales rose in March, but still remains near its lowest level since 1999.

Existing home sales Median Price YoY has slowed to 3.8% with The Fed’s quantitative tightening (QT). As opposed to 13.4% YoY during The Fed’s QE3.

https://confoundedinterestnet.files.wordpress.com/2019/04/ehdmf.png

Time to bring out your Fed!

https://confoundedinterestnet.files.wordpress.com/2019/02/powellfrown.jpg

Source: Confounded Interest

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.