New home sales jump 7.6%

Discussion in 'Economy' started by Chris, Jun 25, 2012.

  1. Chris
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    Chris Gold Member

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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
     
  2. Avorysuds
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    Avorysuds Gold Member

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    This message is hidden because Chris is on your ignore list.

    Doubt I missed anything important.
     
  3. Chris
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    Chris Gold Member

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    This is know as willful ignorance.
     
  4. GuyPinestra
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    GuyPinestra Senior Member

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    Just had to add some bolding...
     
  5. Black_Label
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    Black_Label Registered Democrat

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    Obama is looking better and better by the day :up:
     
  6. Charles_Main
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    Charles_Main AR15 Owner

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    To any Ignorant schmuck who Only reads the Headlines maybe.
     
  7. Chris
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    Chris Gold Member

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    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???
     
  8. Grampa Murked U
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    Grampa Murked U Diamond Member

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    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.
     
  9. Charles_Main
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    Charles_Main AR15 Owner

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    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.
     
  10. Grampa Murked U
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    Grampa Murked U Diamond Member

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    No, its known as ignoring a spammer. Idiot
     

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