Wednesday, November 24, 2010

CR: New Home Sales decline in October

[mEDITate-OR:
see what CR has to teach U.S. again this month.

This 1st unique CR chart is simply stunning, and shows you low we are.
While the nest 3 charts may appear in other news report,
CR's version shows U.S., clearly, not only where we are, but what would BE normal, if it was back to normal.
What is puzzling is that CR does not show U.S. as much "new inventory" as other articles.
We need to watch that. Did builder cut back, or are they surprised by the size of the drop off in sales?
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New Home Sales Monthly Not Seasonally Adjusted
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New Home Sales and Recessions
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New Home Months of Supply and Recessions
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New Home Sales Inventory
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New Home Sales decline in October
http://www.calculatedriskblog.com/2010/11/new-home-sales-decline-in-october.html
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