Lawler: Update on the “Neutral” Rate and Early Read on September Existing Home Sales
From housing economist Tom Lawler:
Early Read on Existing Home Sales in September
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 3.83 million in September, down 0.8% from Augu…