U.S. Existing-Home Sales Fall to Lowest Since 2015

  1. 16,815 Posts.


    These problems are adding up but just like Australia the government keeps putting out figures that dont seem to match reality at all.

    Such as the employment figures, no mention of all those people working 1 or more hours a week are classed as employed without any distinction being made and under employed is never mentioned. What about those that have simply stopped looking.


    Another nail in the US coffin just like Australia




    By Katia Dmitrieva

    October 20, 2018, 12:00 AM GMT+10

    Updated on October 20, 2018, 1:39 AM GMT+10


    Sales of previously owned U.S. homes eased in September to the weakest pace in almost three years, a sign rising prices and mortgage costs are keeping potential buyers on the sidelines, National Association of Realtors 


    read the whole article @

    https://www.bloomberg.com/news/articles/2018-10-19/u-s-existing-home-sales-fall-to-lowest-in-almost-three-years?srnd=markets-vp



 
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