Friday, September 25, 2020

New home sales confirm housing surge


 - by New Deal democrat

Yesterday new home sales were reported at a 10 year+ high, as were existing home sales earlier in the week.

This adds to the evidence that the housing surge is real, with positive knock-on effects for the economy over the next 12 to 18 months, once the pandemic is contained.

This post is up at Seeking Alpha. As usual, clicking over and reading should be educational for you, and it rewards me a little bit for my work.