The August home sales mystery: Top analyst says ‘implausible’ housing market data ‘defies credulity’

FortuneThursday, September 25, 2025 at 7:32:24 PM
The August home sales mystery: Top analyst says ‘implausible’ housing market data ‘defies credulity’
Oliver Allen from Pantheon Macroeconomics has raised eyebrows over the recent surge in new home sales, which have reached their highest level in over three years. He describes this sudden increase as 'inexplicable' and 'implausible,' suggesting that the data defies credibility. This matters because such unexpected trends in the housing market can have significant implications for the economy, affecting everything from construction jobs to consumer confidence.
— via World Pulse Now AI Editorial System

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