August home sales CRUSH expectations

Just a few minutes ago, we got a pending home sales number for the month of August that absolutely crushed the expectations. Pending home sales rose 8.8% in August compared with July, reaching a record high pace, according to the National Association of Realtors survey, which dates back to January 2001. Sales were 24.2% higher than August 2019. That 8.8% number was supposed to be more like 3%. On the newest episode of my...

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source https://thereformedbroker.com/2020/09/30/august-home-sales-crush-expectations/

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