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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (881219)8/20/2015 1:38:12 PM
From: Broken_Clock  Respond to of 1582747
 
Here's your real estate update. Tell me you believe NAR(don't forget to click the link at the bottom regarding NAR's past lies).

+++++

Existing Home Sales Extrapolation Surges To Highest Since Feb 2007


Submitted by Tyler Durden on 08/20/2015 10:22 -0400


By the miracle of NAR extrapolation and seasonal adjustment, the SAAR Existing Home Sales data just printed 5.59mm units - the highest since Feb 2007. Sales were dominated by increases in The West and The South with The Northeast falling. We have two questions for NAR - where are the buyers coming from... and how long is this sustainable?

What's wrong with this picture?





Some other data from the NAR: median prices.



Where the sales were:



Months of Supply



What were the prevailing home prices:



And sales change by price bucket:



In other words, a whole of all-cash purchases in... the South. Sure. And for more comedy here is a brief history of the NAR's spin, fabrication and outright manipulation of all housing data it can get its hands on.



To: tejek who wrote (881219)8/20/2015 5:36:29 PM
From: J_F_Shepard  Read Replies (1) | Respond to of 1582747
 
That's bad.......having to have surgery to lose weight.
You serious???