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To: Bill Harmond who wrote (85978)12/2/1999 8:06:00 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
remember, William, resales figs are largely seasonal.
New housing starts are not so seasonal.

And the reason the resales are slowing is becasue so many people are building new houses, their old ones are remaining empty! Who cares in this economy?! Shoot the moon!

We are in a hot economy. 5.5 gdp? 4Q could be 6.5 at this pace. And you think it's slowing.

Victor