More On This Morning's Weak Existing Home Sales Number

A few comments and a graph (of course):

  • There was no mention of the “benchmark revision” that was supposed to be announced this summer (Summer starts now!). I was hoping for at least a mention on the timing of the release. This revision is expected to show significant fewer homes sold over the last few years (perhaps 10% to 15% fewer homes in 2010), and also fewer homes for sale.

Read the full post at Calculated Risk >

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