Day

October 5, 2022

Housing market data and consumer incomes have not improved in 2022 versus 2021.

In the month of August, existing home sales decelerated -19.87% y/y, following -20.07 y/y in the prior month. This marks the thirteenth consecutive month of negative y/y growth. On a m/m basis, existing home sales fell -0.41% in August after back-to-back declines of more than 5% in June and July. The median sales price of...
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