ST Alpha - "From the Book of Acts of the Desperate: New-Home Sales Jumped 11% in June From May -- (link)" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 168

From the Book of Acts of the Desperate: New-Home Sales Jumped 11% in June From May -- (link)

Posted by Mop (still 235lbs... on a good day) (aka rburriel) Jul 27 '09, 12:54

(No message)

Shocker! More houses sell in June than in May! Bottom line: 21.3% drop year-over-year. Median price down 12%. (sbk.online.wsj.com)

Responses:

subscription required. -- nm - znufrii Jul 27, 12:59 2
- and the y-o-y number isn't necessarily concerning, without seeing how it compares to prior months y-o-y sales figures... -- nm - znufrii Jul 27, 13:00 1
  - and the number they are basing the 11% off of is the seasonally adjusted annual rate, so it takes month-to-month differences into account. -- (link) - znufrii Jul 27, 13:09
I'm confused by your tone. - Dr.Vermin Jul 27, 12:57 3
- I'm saying that saying sales are up from May to June is like saying the sky is blue. But saying the sky is blue doesn't make the DOW go up. - Mop (still 235lbs... on a good day) Jul 27, 13:14 2
  - Okay, okay. Just asking. - Dr.Vermin Jul 27, 13:19
  - you're misinterpreting the numbers, then. -- nm - znufrii Jul 27, 13:16

Post a message top

Replies are disabled on threads older than 7 days.