Mr. Lieberman refers to sales of only new homes, and this indicator is, in fact, seasonally adjusted.
On Jul 27 05:00 PM Alan Young wrote:
> I'm surprised that only one comment has mentioned the seasonality. Okay, home sales are up from January, hurrah. But home sales ALWAYS peak in summer and dip in winter, so that indicates nothing..
U.S. Housing Has Bottomed [View article]
On Jul 27 05:00 PM Alan Young wrote:
> I'm surprised that only one comment has mentioned the seasonality. Okay, home sales are up from January, hurrah. But home sales ALWAYS peak in summer and dip in winter, so that indicates nothing..