Tag Archives: Economic performance / Indicators

Existing home sales rebounded sharply in June from the lows fueled by the pandemic, but will the recovery be sustainable in the long term?

The counts: Previously owned home sales increased 20.7% in June when states reopened their economies following coronavirus-related blockades. Existing home sales occurred at a seasonally adjusted annual rate of 4.72 million, the National Association of Real Estate Agents reported Wednesday. It was a big rebound from May, when sales fell …

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Here is the good and bad news about China’s GDP data

This photo taken on July 12, 2020 shows residents standing in front of a flooded pavilion on the Yangtze River in Wuhan in China’s central Hubei province. – Various parts of China have been hit by continuous downpours since June, with the damage adding pressure to a home economy already …

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