Wednesday, November 29, 2006

existing home sales

almost every datapoint shows that the trouble is brewing.............../fast jeder fakt zeigt das sich die lage weiter merklich verschlechtert

fineprint from the release:
inventories were increasing and prices falling faster than at any time in history



here are some very good links that cover the topic.

paper money http://paper-money.blogspot.com/2006/11/briskly-eroding-home-prices-yield.html with good region to region summary

calculated risk http://calculatedrisk.blogspot.com/2006/11/nar-sales-up-inventory-up.html with great charts

mish http://globaleconomicanalysis.blogspot.com/2006/11/catch-22.html with mike morgan!

housingdoom http://housingdoom.com/2006/11/28/national-median-home-prices-down-35-year-over-year/#more-325 with a good graph

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