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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (23862)	12/29/2004 11:45:32 AM
From: Ramsey Su	Read Replies (1) \| Respond to of 110194

I really like the NAR statisticians. They are very creative. realtor.org May be it is I who do not understand but here is how I see it: if you take the unadjusted column, we already have 11 months of data. So adding Jan thru Nov gives us 6,144,000 sales. Now they somehow adjusted that to an annual rate of 6,940,000. In order for that to happen, we need to have 796,000 sales for the month of December. That would be a 50% jump from last years' 500,000 level and the highest month this year was in June with 718,000. Am I missing something?