Data on sales of previously owned U.S. homes from 2007 through October this year will be revised down next week because of double counting, indicating a much weaker housing market than previously thought.
Data on sales of previously owned U.S. homes from 2007 through October this year will be revised down next week because of double counting, indicating a much weaker housing market than previously thought.
Double counting???? Isn’t that how some DemocRats win seats too?
Man, I didn’t think the US housing market could get much worse.
Lying about the numbers is something one normally associates with Communists and Alynski-ites.
Oh wait…
Wonder how solid those jobs numbers really are, eh?
They probably did nothing illegal. Sort of like exaggerating oil reserves, to bolster stock prices. If it weren’t for optimistic predictions, and some very good salesmanship, the Dow Jones would probably level out at around 3000.
The downward revision in sales numbers won’t affect housing sale prices? Gimme a break – the numbers were inflated to keep the prices (and commissions) up, now we’ll see a second crash.
“If it weren’t for optimistic predictions, and some very good salesmanship, the Dow Jones would probably level out at around 3000.” Coach
Hmm! The Coach is a smart ass who knows that a turd may be worth more than the Sum of it’s fragrance..
JMHO
The US seems to have a problem with counting…basic math….problem…our left here in Canada has the same problem with math like 2+2=9…..but they know when their pay is wrong…how is that possible???…//
It’s the National Association of Realtors that miscounted the sales.
In related news, they operate a large building just a stone’s throw from the US capitol. I don’t think they can count houses from there.
In non-related news, all of the other buildings surrounding the capitol are the headquarters for labor unions.