Showing posts with label new home sales down again. Show all posts
Showing posts with label new home sales down again. Show all posts

August 24, 2007

Ask yourselves America why the MSM would report new home sales falling 10% and prices falling as "Home Sales Up!"


Ya wonder if the MSM misses the REIC ads. Or if they're really that dumb.

Or both.

Chart courtesy of Doom. Spin courtesy of the MSM.

Home Sales Rise
WASHINGTON (AP) -- Sales of new homes perked up, while factory orders took off in July, raising hopes that the economy can safely weather financial turmoil that has shaken Wall Street.