Wednesday, June 23, 2010

New Home Sales Breakdown, New All Time Low

2 comments:

Anonymous said...

I've been stimuspoiled. Without new homeowners tax credit stimulus who would want to buy? I want 8k off! Ofcourse this is when the real market comes in and says well if there are no buyers at these levels then price must come down. Let the free market roll on, gtfo the way moneyman you can delay the free market trade, but you can't stop it!!

Chintan Shah said...

Sign of deflation!
the extended boom b/w 1995 2 2007 followed by heavy crash has wiped out seasonality effect in sales data which was present b/w 1965 to 1995.
there is good probability that USA may become the next post bubble japan.