Not to mention that the spinmesisters behind this article
very conveniently used month-to-month comparisons to get
their +4.2% sales volume change, whereas the year-to-year
change was -17.4%.
It is very convenient for the real estate propaganda machine
to quote YOY when that makes the market look hotter, and
then turn around and quote MOM to grasp for a straw of
improvement when the market has tanked.
And as someone already pointed out, the August MOM upturn
is suspect in and by itself.