Tuesday, April 26, 2016

New home sales slide again – not

All the economic pundits have been saying new home sales have slide again.  Here is the reason for it.  The seasonally adjusted chart.

I have no idea why the seasonal adjustment was what it was.  Here is the unadjusted actual monthly number.  It is still in an uptrend.  I would expect that it reaches a new high figure this summer like usual.  If not, then I would say home sales are suffering.

What do you want?  Home sales like 2005 leading up to the home price melt down?

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