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more on Pending Home Sales

Posted on April 9, 2015 @ 1:08 pm (Thursday) by WARREN MOSLER

existing-home-sales-unadj
Since November 2013 home sales showed a contraction year-over-year for the first time since 2011 – and October 2014 was the first month of expansion.

Keeping things real – home sales volumes are only 2/3rds of previous levels.
existing-home-sales-index

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