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Housing

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Zero Hedge - Tyler Durden

Pending home sales data today is tie-breaker after weaker existing home sales and stronger new home sales in November...Pending home sales rose 1.2% MoM (less than expected) and historical data was revised modestly higher (leaving sales up 5.6% YoY)

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https://www.zerohedge.com by Tyler Durden

Despite homebuilder sentiment soaring to 20-year highs, existing home sales slipped unexpectedly in November and new home sales are also expected to decline marginally MoM, but instead surprised to the upside with a 1.3% MoM.

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https://www.zerohedge.com by Tyler Durden

A big upward revision for new home sales (to 12-year highs), and a rebound in existing home sales, were both upset by the disappointing 1.7% MoM drop in pending home sales in October.

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https://moneymaven.io

I compared apartment prices as determined by the Rent Cafe to shelter indexes in the CPI. On October 19, I noted the National Average Rent Declined for the First Time in Two Years.

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https://thecommonsenseshow.com

The same forces and conditions that brought us the 2008 homegeddon, are back, with a vengeance.

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https://www.zerohedge.com

After July's collapse, August new home sales were expected to rebound (like existing homes - biggest jump in two years) and surprised to the upside (rising 7.1% MoM against expectations of a 3.8% rebound). However, the huge 12.8% drop in July was rev