The August new single-family house sales number: 373,000 on an annualized basis, it missed expectations of a rise to 380,000, and was down from a revised 374,000. This is only the second miss in 2012, and confirms that all talk of a housing recovery is misguided, and merely represents one particular segment of the housing market.
Wednesday, September 26, 2012
Every single economic indicator that turns out lousy is "unexpected", WHY?
Posted by traderrob at 8:29 AM