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Pending Home Sales Rise First Time in 9 Months, Down 7.9% From Year Ago

MishTalk

The Wall Street Journal reports Pending Home Sales Up 3.4% Facts and Figures Pending sales up 3.4% from February Pending sales down 7.9% Below 2001 Level Actual new home sales down 14.5% Facts and Figures Pending sales up 3.4% from February Pending sales down 7.9% from year ago Index 2.6%

Sales 69
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Dispirited Buyers: Pending Home Sales Unexpectedly Dive 2.5 Percent

MishTalk

The Pending Home Sales Index declined 2.5% Despite the fact that mortgage rates have been climbing for months, the economists’ consensus expectation was for pending home sales to rise 0.5%. Mortgage News Daily reports Pending Home Sales Reflect “Dispirited” Buyers. Pending sales in the Northeast were up 0.6

Sales 39
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What Sales Teams Should Do to Prepare for the Next Recession

Harvard Business

In the 2001 recession, total sales for the S&P 500 declined by 9% from its pre-recession peak to its trough 18 months later—almost a year after the recession officially ended. Zero-base sales capacity. Too many sales teams use outdated practices in making account and territory assignments. billion vs. $1.2

Sales 41
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Strong Home Sales? Price Mismatch?

MishTalk

Economists are bubbly over home sales, especially existing home sales that came in at the top end of the Bloomberg Consensus range of 5.3 There's plenty of life in the housing sector with existing home sales up a stronger-than-expected 2.0 months at the current sales rate vs 4.9 months at the current sales rate vs 4.9

Sales 28
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Mortgage REITs Clobbered as Leverage Forces Sales

MishTalk

Mortgage REITs Clobbered as Leverage Forces Sales. REITs Deepening Bond Losses as Leverage Forces Sales. Bloomberg reports REITs Deepening Bond Losses as Leverage Forces Sales. financial stability were as misleading as the media frenzy over shark attacks in 2001. (NLY)’s Trim Tabs - Bidermans Daily Edge.

Sales 70
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Canada Recession Signals: Retail Sales Unexpectedly Dip; Loonie Sinks; Bank of Canada Ponders Easing; Yield Curve Inversion

MishTalk

A rate cutting move is even more likely now, as retail sales unexpectedly fell 0.1% Retail sales fell 0.1 to the dollar from 2001 to 2007, and again in 2011. Despite having a massive property bubble, the Bank of Canada discussed cutting rates on Wednesday to stimulate the economy. in August vs. an expected gain of 0.3%.

Banking 28
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Existing Home Sales Down 4.8%, Decline More Than Expected; "Still Healthy and Trending Higher" Says Bloomberg - Let's Investigate

MishTalk

Existing Home Sales Decline More Than Expected Existing home sales in August dipped 4.8% Though slowing in August, existing home sales are still healthy and trending higher. Though slowing in August, existing home sales are still healthy and trending higher. Existing home sales came in at a lower-than-expected 5.31

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