Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (19810)	12/29/2004 12:31:46 PM
From: gregor_us	Read Replies (2) of 116555

Mish: New Home Sales Are Recorded When the Contract is Signed. However, Existing Home Sales are not logged into "Existing Home Sales" data, until the two parties close the transaction. IMO, the market and traders should pay more attention to the most recent data--which is New Home Sales. Today's Existing Home Sales data would of course have cumulative "sales" within it from months ago. LP

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