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The August home sales mystery: Top analyst says 'implausible' housing market data 'defies credulity' | Fortune
Pantheon Macroeconomics' Oliver Allen says it's "inexplicable" that new home sales would jump to their highest level in more than three years all of a sudden.
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bbc.com
New home sales in US jump to fastest pace in three years
Sales of new homes in the US surge more than expected as builders offered their discounts to lure in buyers.
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fortune.com
U.S. new-home sales unexpectedly jump over 20% in broad advance | Fortune
New-home sales in the US unexpectedly surged in August to the fastest pace since early 2022, likely lifted by builders’ rampant price cuts and sales incentives.
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The August home sales mystery: Top analyst says 'implausible' housing market data 'defies credulity' | Fortune
Pantheon Macroeconomics' Oliver Allen says it's "inexplicable" that new home sales would jump to their highest level in more than three years all of a sudden.