US New Home Sales Slip in September by 10.9%

The video discusses the recent trends in new home sales, highlighting a 10.9% decrease in September. It explores the implications for the Federal Reserve, considering the variability in data and the potential stabilization of the housing market. The discussion also covers the impact of high interest rates on the economy and the Fed's focus on slowing demand. The complexities of real estate data, including contract signings and price changes, are examined, emphasizing the Fed's influence on the market and the long-term effects on CPI.

What was the percentage decrease in new home sales for the month of September?

How does the recent data on new home sales affect the Federal Reserve's outlook?

Discuss the implications of bad earnings and data on stock investors and the Fed.

What challenges are associated with interpreting new home sales data?

What was the median price of new homes reported, and why is this significant for the Fed?