Bungle In The Economic Jungle! Existing Home Sales Decreased to 3.84 million SAAR in September, New Cycle Low (Lowest Since 2010)
by confoundedinterest17 We are in the jungle. And its a bungle in the economic jungle. Existing home sales disappointed (yet again) in September, declining 1.0% MoM (vs expectations of a 0.5% MoM rise). August’s 2.5% MoM drop was revised up to a 2.0% MoM drop, but still left existing home sales down 3.5% YoY… Source: Bloomberg Total sales …