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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (24555)2/28/2005 11:14:37 AM
From: Elroy Jetson  Read Replies (1) | Respond to of 116555
 
The consolidation of house/condo/coop sales into one sales figures is clearly designed to obscure the weakness in sales.

It would be interesting to see this sales decline broken out into the three categories as it was every month in the past - until now.

NAR economist, David Lereah, has the ethics of a carnival barker.
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To: mishedlo who wrote (24555)2/28/2005 11:32:16 AM
From: kailuabruddah  Respond to of 116555
 
Building Permits issued for some bubble markets:

Miami - 5+ unit condos
NOV 2001 - JAN 2002: 1,344
NOV 2004 - JAN 2005: 3,451

Fort Myers - Single Family Homes
NOV 2001 - JAN 2002: 1,687
NOV 2004 - JAN 2005: 4,998

Riverside CA - Single Family Homes
NOV 2001 - JAN 2002: 5,216
NOV 2004 - JAN 2005: 8,379

Phoenix - Single Family Homes
NOV 2001 - JAN 2002: 6,913
NOV 2004 - JAN 2005: 11,707

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