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It Was the “Strong” Economy That Was Transitory – Ep 812

The Peter Schiff Show Podcast

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Home Sales Are Falling, but You Can't Build One Right Now.

Existing home sales came out to day. They were looking for an annualized rate of five point six, five million. We're down two point four % month over month, five point nine % year over year. Why are fewer houses being built? Well, because they're too expensive to sell at a profit.

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