2008-08-07 — ml-implode.com
"June Pending Home Sales were up! Not really. They were at the exact same level in April, took a dip in May and went back to April’s level in June (see chart below). June is one of the best sales months of the year and April is not. June pendings only being flat from April is a very bad sign of actual future sales. In addition, last months numbers were revised lower."
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