» Existing Home Sales: More Approvals? Decision Economics

Existing Home Sales: More Approvals?

Posted September 19, 2012 by rvillareal

August existing home sales jump a more-than-expected 7.8% (Consensus: +2.0%; Decision Economics: +1.1%) from an unrevised July level.  The new total was the highest seen since the homebuyer tax credit episodes of 2009 and 2010, and was within 10% of the “normal” levels of the early 2000s (Still down by about a third from the boomtime peaks).

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