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)
- Man vs. Machines: Can Humans Win a New Stock Market War? - July 18, 2019
- Hard Criticism for Amazon’s Advertising - July 17, 2019
- The Disaster Waiting to Happen in Bond ETFs - July 16, 2019