Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:INFLATION AT 4.2%
Which also means no rate cuts any time soon for those buying homes, cars, etc
“Home sales surge to the fastest pace this year despite rising mortgage rates, prices”
https://abcnews.com/Business/wireStory/us-home-sales-surge-fastest-pace-year-despite-133713775
All this says is that it’s spring now and not winter.
If you read the article you would have seen the “higher than expected” part.
Home sales. This isn’t iPads or mountain bikes, it’s massive financial decisions.
Everyone is going to be okay.
If you actually read the article, you’ll know it’s filled with loaded language for clicks.
The media is desperate to drum up consumer confidence, but the big picture is still looking lackluster.
“Home sales have been mostly hovering close to a 4-million annual pace going back to 2023, far short of the historic norm that is closer to 5.2-million.
Sales rose last month even as mortgage rates have continued to mostly trend higher this spring, although they remain below where they were a year ago.”