Lawler: NAR “Fixes” Median Sales Price for July

Are we repeating the pre- vs. post- September FOMC pattern for long-term term rates and MBS spreads from last year?

From housing economist Tom Lawler:

While many folks didn’t notice it, the National Association of Realtor’s August Existing Homes Sales Report including a significant upward revision in median sales prices for July. Below is a table showing the preliminary and revised median existing home sales prices for all sales and for single-family sales.

As the tab…