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Wednesday, June 22, 2016

US Existing-Home Sales Rise At Fastest Level Since 2007 -- June 22, 2016

Link here.  Data points, for May:
  • sales up almost 2%
  • seasonally adjusted annual rate of over 5.5 million
  • fastest pace in more than 9 years
  • prices climbed to a new high in May; up almost 6% from year earlier
  • 4.5% higher year-over-year
Amazon will soon dethrone Best Buy as top seller of consumer electronics.  I thought Amazon already had.

There is a surge of articles following MuskMelon's announcement to have Tesla buy SolarCity. A related story but a different story has to do with batteries, something I've alluded to often on the blog.  The link and my comments at this post.

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