Less Than Expected 31,000 New Homes Sold In August

Every single economic indicator that turns out lousy is "unexpected", WHY?

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.