Bad news for Republicans....home sales rise in March

Discussion in 'Politics' started by Chris, Apr 26, 2012.

  1. Chris
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    Chris Gold Member

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    More buyers signed contracts to buy existing homes in March than the previous month, according to a monthly survey just released by the National Association of Realtors.

    The Pending Home Sales Index rose 4.1 percent from February and is now 12.8 percent higher than March of 2011.

    “The housing market has clearly turned the corner,” said NAR chief economist Lawrence Yun in a release. “Rising sales are bringing down inventory and creating much more balanced conditions around the country, which means home prices will be rising in more areas as the year progresses.

    News Headlines
     
  2. Truthmatters
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    Truthmatters BANNED

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    austerity fails yet again in practice and now the economy of our own country is getting better.

    Poor cons still stick to the lies and failed policies.


    It must be sad to be so fucking stupid and dishonest
     
  3. Katzndogz
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    Katzndogz Diamond Member

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    An the truth is....

    Home sales fall in March, prices dropped in Feb. | 9news.com

    The Commerce Department says sales fell 7.1% in March from February, to a seasonally adjusted annual rate of 328,000 units. That followed a 7.3% increase in sales in February. That figure was revised up from an initial estimate that February sales had fallen 1.6%.

    The weakness in March could reflect a warmer-than-normal winter causing sales that normally occur later in the spring sales season to occur in February.

    The median home price was $234,500 in March, down 1% from the February price.

    A private report earlier Tuesday said home prices dropped in February in most major U.S. cities for a sixth straight month, a sign that modest sales gains haven't been enough to boost prices
     
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  4. LordBrownTrout
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    LordBrownTrout Gold Member

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    Oops.....no, they really fell. Maybe they rose in some remote region in your article.

    New home sales fall 7.1 percent in March | OregonLive.com

    Sales of new homes fell in March by the largest amount in more than a year, indicating that the U.S. housing market remains under strain despite some modest signs of improvement.
     
  5. Big Fitz
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    Big Fitz User Quit *****

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    That is good news. I just worry it's not based on facts and is just spin.

    Truthiepoo, how does Chris's colon taste? You gotta have your head shoved wayyyy up there. Or are you practicing to be a tapeworm?
     
  6. Big Fitz
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    Whoopsie! I wondered when the conflicting data would come out.
     
  7. SniperFire
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    SniperFire Senior Member

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    We have been hearing that the housing market 'has turned the corner' for a couple of years now.
     
  8. SniperFire
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    SniperFire Senior Member

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    You just made Chris look like a complete fool.
     
  9. LordBrownTrout
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    LordBrownTrout Gold Member

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    It was "unexpected".
     
  10. Intense
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    Intense Senior Member

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    :clap: Great news. Better get those homes sold before the new National Tax on Home Sales kicks in after 12/31/12. :beer:
     

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