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42 sats \ 3 replies \ @SimpleStacker 24 Sep \ parent \ on: New home sales in the US soar 20% in August to a three-year high econ
Huh, if you read the article itself, even the creators of the report are saying it might be statistical error
That just means they don’t have a better explanation, though, right?
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Basically, yeah. They also seemed unsure what to make of it. Interest rates are projected to come down, but they haven't actually come down yet.
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I think mortgage rates have been drifting downward but not dramatically.
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