The NAR press release says the "seasonally adjusted" pending home sales were up .2 % and down 20.4% from last year.
But when you look at NOT seasonally adjusted, you get a better picture of what is going on. The index fell from 94.6 in Augujst to 77.9 in September! That is a drop of 17.7% and 22.7% from last year.
You think you are going to hear that number in MSM? Probably not.
But when you look at NOT seasonally adjusted, you get a better picture of what is going on. The index fell from 94.6 in Augujst to 77.9 in September! That is a drop of 17.7% and 22.7% from last year.
You think you are going to hear that number in MSM? Probably not.
