Wednesday, November 24, 2010

New homes sales in another big dip - Nov. 24, 2010

New homes sales in another big dip - Nov. 24, 2010: "New home sales dropped to an annual pace of just 283,000, according to the Commerce Department. That was down 8.1% from a slow September and 28.5% from 12 months ago when the annualized sales rate was at 430,000."
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That's pathetic. If we were in a real recovery, instead of this fake one we are being asked to believe in, it would be at least a million units per year.

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