Data starting to catch up with the realities from the street... This should freak out the housing stocks again - Toll Brothers, Pulte, Lennar, Standard Pacific, Fannie, Freddie, etc
Rising mortgage rates and skyrocketing prices put home-buying out of reach for more Americans in October, a new report showed.
Sales of previously owned U.S. homes fell a greater-than- expected 2.7 percent last month to a 7.09 million annual rate, the slowest since March, the National Association of Realtors said today in Washington. The number of unsold homes was the highest since April 1986
November 28, 2005
Posted by blogger at 11/28/2005