Existing home sales plummeted 27% in July to a new 15-year low. Existing home sales have now entered double-dip territory. At the current rate of sales, there is a surplus of more than 12 months of existing home supply—a 28 year high.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- Is China About to Tank the Market for Metals? - July 19, 2018
- Can Cyrpto-currency Revolutionize the News Business? - July 18, 2018
- Netflix “Biggest Disappointment in Two Years” - July 17, 2018