Data Round-Up: Existing Homes Sales Disappoint But Trend Is OK

posted by Michael Lewis on September 22, 2016

Found in US, categorized in Macro

Tags: FMI michael lewis home sales unemployment claim

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Existing home sales declined somewhat more than expected in August, largely because of continuing drag from low inventory (read: poor selection).


FMI’s review of this morning’s August Existing Homes Sales report and the latest Weekly Unemployment Claims and Rail Traffic data.

About Michael Lewis

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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