New home sales jump 7.6%

Chris

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May 30, 2008
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NEW YORK (CNNMoney) -- The housing market got some good news on Monday, as the government reported that sales of new homes rose 7.6% in May.

Sales hit an annual rate of 369,000, according to the Census Bureau, compared with the revised April rate of 343,000. That's up 20% year-over-year, but still a long way from the annual rate of nearly 1.4 million recorded during real estate's boom years.

New home sales jump 7.6% in May - Jun. 25, 2012
 
NEW YORK (CNNMoney) -- The housing market got some good news on Monday, as the government reported that sales of new homes rose 7.6% in May.

Sales hit an annual rate of 369,000, according to the Census Bureau, compared with the revised April rate of 343,000. That's up 20% year-over-year, but still a long way from the annual rate of nearly 1.4 million recorded during real estate's boom years.

New home sales jump 7.6% in May - Jun. 25, 2012

Just had to add some bolding...
 
Auto sales are up, retail sales are up, housing is in recovery, gas prices are down, and unemployment is down.

What will Republicans run on?

Anticontraception???
 
How many of these exact same threads you going to start? You've got at least four now.

Here's an idea, bump an old one instead of spamming the board with identical threads.
 
Auto sales are up, retail sales are up, housing is in recovery, gas prices are down, and unemployment is down.

What will Republicans run on?

Anticontraception???


I think it is a tad Early to be calling this a housing Recovery.

Gas Prices are going down because of a Dramatic Global Economic Slow down, Not sure I would call that good news.

Job Growth is still not keeping up with Demand.

Seem to be stretching the Truth a bit.

Things seem to be slightly improved, but still not improving nearly fast enough.

If you want to go run around touting that as some Great Obama accomplishment go for it.
 
How many of these exact same threads you going to start? You've got at least four now.

Here's an idea, bump an old one instead of spamming the board with identical threads.

This report just came out today.

Do you even read?
 
NEW YORK (CNNMoney) -- The housing market got some good news on Monday, as the government reported that sales of new homes rose 7.6% in May.

Sales hit an annual rate of 369,000, according to the Census Bureau, compared with the revised April rate of 343,000. That's up 20% year-over-year, but still a long way from the annual rate of nearly 1.4 million recorded during real estate's boom years.

New home sales jump 7.6% in May - Jun. 25, 2012
Chris, I'm not doubting your post, but how do you square that info with Foreclosures going up 12% for the same month?
Home foreclosure efforts rise 12 percent in May | CharlotteObserver.com & The Charlotte Observer Newspaper
 
How many of these exact same threads you going to start? You've got at least four now.

Here's an idea, bump an old one instead of spamming the board with identical threads.

This report just came out today.

Do you even read?

Well my gas prices change damn near daily so should I start a new thread everytime a new figure appears?

Your a fucking loon.
 
NEW YORK (CNNMoney) -- The housing market got some good news on Monday, as the government reported that sales of new homes rose 7.6% in May.

Sales hit an annual rate of 369,000, according to the Census Bureau, compared with the revised April rate of 343,000. That's up 20% year-over-year, but still a long way from the annual rate of nearly 1.4 million recorded during real estate's boom years.

New home sales jump 7.6% in May - Jun. 25, 2012
Chris, I'm not doubting your post, but how do you square that info with Foreclosures going up 12% for the same month?
Home foreclosure efforts rise 12 percent in May | CharlotteObserver.com & The Charlotte Observer Newspaper

He doesn't and he won't.

Simple as that.
 
NEW YORK (CNNMoney) -- The housing market got some good news on Monday, as the government reported that sales of new homes rose 7.6% in May.

Sales hit an annual rate of 369,000, according to the Census Bureau, compared with the revised April rate of 343,000. That's up 20% year-over-year, but still a long way from the annual rate of nearly 1.4 million recorded during real estate's boom years.

New home sales jump 7.6% in May - Jun. 25, 2012

Just had to add some bolding...

Exactly...Chris has yet to discover the word context...thus historical perspective is way...waaaaay over his tiny head.
 
NEW YORK (CNNMoney) -- The housing market got some good news on Monday, as the government reported that sales of new homes rose 7.6% in May.

Sales hit an annual rate of 369,000, according to the Census Bureau, compared with the revised April rate of 343,000. That's up 20% year-over-year, but still a long way from the annual rate of nearly 1.4 million recorded during real estate's boom years.

New home sales jump 7.6% in May - Jun. 25, 2012

Did you read beyond the headline?

Foreclosures rose 12%.

OMG your an idiot.
 
Up is good, but it's up compared to all time record lows. So it's nothing that's generating a lot of excitement out there in the markets. There is a lot of bad economic news that continues to come out.
 

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