Newsweek: Weak home sales aren't big deal

There are two reasons the home-sales report isn't a big deal. First, housing is a highly seasonal business, so the most relevant statistic isn't the month-to-month trend but the year-to-year trend, which saw improvement. Also, we're going to have to have this recovery without housing. In fact, we already are.

Newsweek - Business - Real Estate - United States - Business and Economy

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