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  • New U.S. home sales surge in May with buyers returning to market

    From bnnbloomberg.ca

    New-home sales in the U.S. rose more than expected in May, with record-low mortgage rates pulling buyers back into a housing market that froze up during the pandemic. Purchases of single-family houses climbed 16.6 per cent, the second-largest monthly advance since 1992, to a 676,000 annualized pace, government data showed Tuesday. The median forecast in a Bloomberg survey of economists was 640,000. image Homebuilders are welcoming back buyers after social-distancing rules across much of the U.S. kept them on the sidelines in March and April. Newly built properties are gaining favor because previously owned houses ... (full story)

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  • Jun 23, 2020 4:35pm Jun 23, 2020 4:35pm
  •  seaman2
  • | Joined Feb 2013 | Status: Member | 625 Comments
all good news, unfortunately, are made up
 
 
  • Post #2
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  • Jun 23, 2020 9:43pm Jun 23, 2020 9:43pm
  •  hosemaster
  • Joined Sep 2012 | Status: Member | 197 Comments
Quoting seaman2
Disliked
all good news, unfortunately, are made up
Ignored
Evidence?
 
 
  • Post #3
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  • Jun 27, 2020 3:09am Jun 27, 2020 3:09am
  •  seaman2
  • | Joined Feb 2013 | Status: Member | 625 Comments
Quoting hosemaster
Disliked
{quote} Evidence?
Ignored
'evidence' in this article - reported numbers have lost any credibility. These people make up any number they are told to.

For evidence of false numbers, look for example employment numbers.

So basically, no point looking. Except if one is so stupid and trading on minute or lower time frames.
 
 
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  • Posted: Jun 23, 2020 1:30pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 3  /  Views: 2,868
  • Linked event:
    USD New Home Sales
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