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ENCOURAGED BY THE HOUSING DATA?

Cullen Roche -

The “improvement” is entirely seasonal.   There has been first quarter improvement in each of the last 6 years – without fail.  If there’s one thing we can bet on it is that housing figures will improve in the first (& maybe the second) quarter of this year.  One thing we can also bet on: it doesn’t really mean anything in terms of the overall price trend.

housing

Chart courtesy of calculatedriskblog.com

About Post Author

Cullen Roche

Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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