The Latest Housing Data Is Bad News for People Predicting Recession
No need to lose sleep over this.
Julie Verhage Siddharth Verma
July 26, 2016 — 12:04 PM EDT
While some think a recession could be looming for the U.S., fresh housing data says the opposite.
Purchases of new U.S. single-family homes just hit their highest level in more than eight years, representing what Wall Street is calling a strong market.
more:
http://www.bloomberg.com/news/articles/2016-07-26/the-latest-housing-data-is-bad-news-for-people-predicting-recession

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