The housing data from the first month or two often set the pace fr the rest of the year. This year, we missed the starting gun because of the Government Shutdown. It is possible that we could receive a larger than expected bounce in the new construction data, the new home sales data, and the existing home sale data. This is a twelve lap race and we are in lap two.
Monthly data moves in mysterious ways. That’s why we need to look at the annual picture when it comes to housing. The Monthly Employment Situation Report is one of the most important economic reports that is released during the course of a month. The most important series of […]