3min chapter

The Compound and Friends cover image

Why Is It Getting Dumber?

The Compound and Friends

CHAPTER

What's Going On?

New home sales, this is registered when contracts are signed, dropped 16 point six % month over month. The month's supply of new homes jumped to nine from six point nine in march. Transactions are folling off a cliff, but prices remain stubbornly high. I think we've been in stag flato three less than the last time it happened.

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