Lawler: Update on “Is the “Natural” Rate of Interest Back to Pre-Financial Crisis Levels”

Early Read on Existing Home Sales in January

First, from housing economist Tom Lawler:

Early Read on Existing Home Sales in January

Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 4.02 million in January, up 6.3% from Dec…