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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (13023)5/1/2004 12:15:06 PM
From: ild  Read Replies (2) of 110194
 
Speaking about affect of housing on economy.
New home sales rate is 1,228,000
idorfman.com
Existing home sales
mam.econoday.com

Over 1 million houses resell now more than in 2001. Each sale injects from 5 to 10% of the house value into service economy. This alone amounts to $20-25 Bln stimulus.
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