Alarm! US New Home Sales Plunge -17.4% YoY As Fed Tightens Noose And Recession Alarms Sound (Median Prices Fall -9.47% YoY)

#bubble, #inflation, #wine, @MetreSteven @JeffSnider_AIP @DiMartinoBooth @bondstrategist @RaoulGMI @LukeGromen @dlacalle_IA @EconguyRosie @profplum99 @SantiagoAuFund @biancoresearch @pboockvar @SriKGlobal, Agency MBS, Bank of England, Bank of Japan, Banking, Bernanke, Brexit, Credit, ECB, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, GDP, Housing, Inflation, Mortgage, Natural Gas, New Home Sales, Oil, Powell, REITs, russia, Silver, Stocks, Treasuries, Treasury, Uncategorized, Wages, Yellen, Yield Curve 1 Minute

Alarm!

US new home sales plunged -17.4% YoY and down -8.1% MoM in June.

The unsettling bit is the median price of new home sales declining -9.47% YoY.

The midwest was the big gainer in new home sales in June.

Published by confoundedinterest17

Published