“Existing home sales beat expectations by the most since February 2010 surging 6.5% MoM to its highest SAAR level since March 2007. Sound right? Of course, this is defended by the ever-honest NAR by a sudden panic surge of buyers as rates rose. However, we just wonder how sustainable this is (given the chart below). Judging by the NAR’s history of revisionism, we suspect we know who is not telling the truth, the whole truth, and nothing but the truth. So all cash buyers? Pulling forward demand? Sustainable trend? You decide.”
http://www.zerohedge.com/news/2013-08-21/someone-lying
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Free State Project Demands Apology For “Domestic Terrorism” Claims In Tank Grant Application
A.G.: Marijuana Legalization Would Save Calif. "Hundreds of Millions"
US court renews permission to NSA to collect phone metadata
De-Postal Monopoly: Feinstein’s Sweetheart’s Deal
New Zealand Winery First in Southern Hemisphere to Accept Bitcoin
TigerDirect processes $500,000 in Bitcoin Payments in 3 days
7-Year-Old Aiyana Stanley's Home-Invasion Murderer Walks Free, Since He's A Cop
Ms. Yellen, It’s a Trap!
Obama's Drug Czar Is Lying to You About Drug Courts
The Words That Sent the Stock Market Tumbling
Ballot initiative looks to save Los Angeles pot shops
DC Will Tax Non-Participating Insurers To Pay For Obamacare Exchange
New York ‘cannibal cop’ convicted of kidnapping plot
California: Audit Finds Nearly Non-Existent Yellow At Red Light Camera Intersection
Arab-American Group Asks Government to Intervene in Bank Account Closures