Bidenomics 101 (Housing): US Pending Home Sales Decline -14% Year-over-Year As M2 Money Growth Worst Since 1933 And The Great Depression (Reverend Joe?) – Confounded Interest – Anthony B. Sanders

Bidenomics 101 (Housing): US Pending Home Sales Decline -14% Year-over-Year As M2 Money Growth Worst Since 1933 And The Great Depression (Reverend Joe?)

Another economic report on Bidenomics. This one is for housing. Realtors Pending Home Sales Index (PHSI)* – a forward-looking indicator of home sales based on contract signings – rose 0.9% to 77.6 in July. Year over year, pending transactions fell by 14.0%. An index of 100 is equal to the level of contract activity in 2001. … Continue reading Bidenomics 101 (Housing): US Pending Home Sales Decline -14% Year-over-Year As M2 Money Growth Worst Since 1933 And The Great Depression (Reverend Joe?)