New Home Sales and Bear Market Math

“Given that housing leads recoveries (more specifically housing starts followed by new home sales), this is another nail in the coffin that suggests there has been no recovery except in financial assets. Moreover, that financial recovery is only a result of unsustainable stimulus that is now quickly fading into the sunset.”
Go to Source

Related posts:

  1. Banking Crisis-Related Recoveries Are Slower Than Others
  2. Pending U.S. home sales up seven months in a row
  3. 59% of New Home Sales Use Government Loans
  4. Home sales rise 9.4% in September, beating forecasts
  5. Treasuries Snap Three-Day Gain, Before Report on Home Sales

Leave a Reply

Special Offers
Categories
Pages
Tags