My objective is to simplify and clarify economics, making it accessible to everyone. It is important to remember that the opinions expressed in my writing are solely my own and should not be considered as financial advice. Any potential losses incurred from acting upon the information provided in my writing are the responsibility of the individual, and I cannot be held liable for them.
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Wednesday, August 30, 2023
Existing Home Sales as of August 2023
In the latest dataset, there was a decrease in existing home sales, coinciding with an upswing in inventory levels and an expansion in the months of supply. Furthermore, the most recent information indicates a modest decline in median sales prices.
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