| 28.07.2010 - US housing: Hooray for bad news |
| From Economist.com: Strangely enough, many news outlets have reported todays figure on new home sales for the month of June in a positive fashion. So what about that sales figure? Well, the number everyone has seized on is the 25% increase in sales from May to June. And that sounds great! But May new home sales (seasonally adjusted, annual rate) set the all-time record low for monthly sales..............................................Full Article: Source |