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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: damainman who wrote (30149)4/26/2005 11:30:09 AM
From: orkriousRespond to of 306849
 
Excellent piece by Jeremy Grantham

The Canary in the Coal Mine

gmo.com



To: damainman who wrote (30149)4/26/2005 1:14:39 PM
From: damainmanRead Replies (1) | Respond to of 306849
 
"The median sales price, however, dipped to $212,300 in March, from $234,100 in February"

THis when volume was highest. Hate to use another stock anology, but wouldn't this be called "distribution"? Give the homebuilders credit for being smart enough to slow down the starts tho...