All the articles that are trying to sugar the shit of current situation by saying that new home sales unexpectedly increased 4.1% in August are comparing apples to oranges. They are comparing unrevised data for August to revised July numbers.

As shown by calculate risk, the initial July numbers were 1.072 million, revised down later to 1.009 million. Comparing apples to apples August numbers (1.05 million) fell by 2%. Because later on, they will be revised down, too. They always do.
Don’t fool yourself!

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