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: Chispas who wrote (49360)	4/7/2006 2:16:27 PM
From: mishedlo	Read Replies (1) of 116555

San Diego the news on March's initial figures are in. Sales continue to be down 28% YOY and with inventory at over 18,200 as compared to 2000 units this time 2 years ago. realtytimes.com "Sales finished the month at 2,844 homes sold versus 3,885 sold in March 2005, down 28%. Based on the March pending sales of about 3,100, April is forecast to be down from last April's 4,134 by 25%. This downward trend in sales began in earnest in the last quarter and seems to be accelerating."

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