Relevant:
- Housing Facing Another Bump In Road To Recovery?
- "Actual" New Home Sales First 6 Months of 2012 vs. Prior Years; Reflections on the Housing Recovery
- MarK Hanson: Housing Market "Vulnerable"; At "Inflection Point"
- May new home sales dip 0.6 percent
- Housing Market Threatens U.S. Recovery as Sales Slide Resumes
2010-07-28 — blogspot.com
"Given that housing leads recoveries (more specifically housing starts followed by new home sales), this is another nail in the coffin that suggests there has been no recovery except in financial assets. Moreover, that financial recovery is only a result of unsustainable stimulus that is now quickly fading into the sunset."
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