Tuesday, June 04, 2013

Reasons to Mute Talk of Housing Recovery

Reasons to Mute Talk of Housing Recovery | Heartlander Magazine:
"The Case-Shiller index has never measured a 15.4 percent increase as seen in new home prices in a single month. It increased only 1.1 percent in March.
It would be uncanny if the April numbers showed a larger spike.
In contrast, the new home sales average price published by the U.S. Census Bureau has been extremely volatile since the housing downturn began.
Just in March, it had experienced an 8.8 percent drop in the average price for a new home"

No comments: