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New home sales up 0.7 percent in August; or NOT? Down 3.4 percent from a year ago or down 27.8 percent?

Dennis Norman

By: Dennis Norman

Yesterday I did a post about the new home sales report issued by the U.S. Department of Commerce and, just like much of the media and bloggers out there, I reported that new home sales rose in August, albeit a scant 0.7 percent and that the seasonally adjusted annual rate of

Continue reading… New home sales up 0.7 percent in August; or NOT? Down 3.4 percent from a year ago or down 27.8 percent?