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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (1242050)	6/23/2020 6:03:21 PM
From: Sdgla	1 Recommendation Recommended By Mick Mørmøny Read Replies (1) \| Respond to of 1577900

More MAGA Eat Your Winnamins – New Home Sales Skyrocket 16.6% Blowing Past Expectations… Posted on June 23, 2020 by sundance Jumpin’ ju-ju bones… New home sales jumped a whopping 16.6% in May, blowing past the estimates of a 2.9% rise. The May increase in sales is nearly 13 percent higher than the same month one year ago. Home sales are a key indicator of economic health because purchases of homes requires (1) income, a stable job; and (2) an optimistic financial outlook from the buyer. Sales of new single-family homes jumped 16.6% in May from April, to a seasonally adjusted annualized pace of 676,000, the Census Bureau reported Tuesday. The median economist estimate was for 640,000, according to Bloomberg data. In addition to a larger-than-expected monthly surge, May sales were nearly 13% higher than a year ago. As the US economy reopens, people are flocking back to the housing market in droves — the rosy sales are a rebound from three months of declines ending in April. ( LINK) Continue reading ?