Report
Data Round-Up: Existing Homes Post Healthy Sales Gain for the Year, Very Lean Inventory
posted by Michael Lewis on January 24, 2017
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Headline
As expected, existing home sales retrenched a bit at year-end. Nonetheless, the trend remains upward. Meanwhile, today’s batch of regional surveys underscored the story of an improving economy in early 2017.
Abstract
FMI’s review of this morning’s December Existing Homes Sales report and January regional surveys from the Philadelphia Fed (non-manufacturing) and Richmond Fed (manufacturing, services).
About Michael Lewis
Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.
FMI has compiled a solid record of timely, independent and accurate economic forecasts. FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.
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