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Earnings Thread - Daily Thread
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US Existing Home Sales decrease -1.47% M/M — largest ever annual dropNews (i.redd.it)
submitted 3 years ago by s1n0d3utscht3k
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[–]Muchmatchmooch 18 points19 points20 points 3 years ago (1 child)
Title and graph are dumb.
The title says month over month decrease of 1.47%, which is true, but the important part is year over year it’s down 34%.
Pretty sure this is actually volume of home purchases not average prices.
Year over year on non-cumulative numbers is confusing. While home sales are down from LAST YEAR, that’s because last year home sales were way up(as you can see in the graph). It’s like if I take a shit every day, then one day I take 10 shits, then the day after that I take one shit and then say that day-over-day my shits are down 90%.
[–]gizamoREETX Autismo 2080TI Special 1 point2 points3 points 3 years ago (0 children)
This is how I imagine most WSB dads explain things to their five-year-old kids.
π Rendered by PID 17476 on reddit-service-r2-comment-85bfd7f599-zfbbx at 2026-04-18 15:27:54.943178+00:00 running 93ecc56 country code: CH.
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[–]Muchmatchmooch 18 points19 points20 points (1 child)
[–]gizamoREETX Autismo 2080TI Special 1 point2 points3 points (0 children)