Existing Home Sales Revised Down by 15%, from Rocky Humbert

2011-12-22 · Rocky Humbert
Original source

If you use the NAR sales and inventory data in a model, you might want to pay attention to this and this. This downward revision will also feed through to the Commerce Department data series… That is, the GDP component from home sales from 2007 to 2010 will be lowered. And people complain about the "quality" of Chinese data!