assume that NAR's numbers are even close to being accurate...
there not, but let's pretend.
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What matters is NOT whether they are totally accurate...
What DOES matter is the change, over time...
are we gaining or loosing.
For that..., NAR's numbers are significant.
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Observations incoming.
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========= Sales
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========= Prices
============== Inventory
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CR-PE =
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Existing Home Sales Report: October 2011
http://paper-money.blogspot.com/2011/11/existing-home-sales-report-october-2011.html
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Existing Home Sales in October: 4.97 million SAAR, 8.0 months of supply
http://www.calculatedriskblog.com/2011/11/existing-home-sales-in-october-497.html
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Existing Home Sales: More on Inventory and NSA Sales Graph
http://www.calculatedriskblog.com/2011/11/existing-home-sales-more-on-inventory.html
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