Excerpt:
I'm back from Africa! I’ll be catching up on recent data over the next week, and I’ll post some photos / videos from my trip.
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Sales Year-over-Year and Not Seasonally Adjusted (NSA)
The fourth graph shows existing home sales by month for 2023 and 2024.
Sales declined 2.5% year-over-year compared to July 2023. This was the thirty-fifth consecutive month with sales down year-over-year.