The Most Splendid Housing Bubbles in America: Seasonal Upticks Too Small

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Wolf Richter writes From Less-Splendid Housing Bubbles to Crushed Markets in America in 9 Charts Wolf Richter writes The Most Splendid Housing Bubbles in America: Seasonal Upticks Too Small Wolf Richter writes US Home Sales Drop, Drop, Drop Despite Lower Mortgage Rates.

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The ongoing trade war between the United States and China also weighs on consumer confidence, Cramer said. Most companies will not be affected by tariffs of hundreds of billions of dollars in goods that have been housed among the world’s largest economies, but tensions have made retail reserves too risky to invest, he said. .

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This was only about half of the seasonal gain in March last year of 1.1%, a phenomenon also seen in the Most Splendid Housing Bubbles, where seasonal gains in March were a lot weaker than in March last year. This whittled down the year-over-year gain to just 1.8%: Chicago has had a steamy Housing Bubble 1.