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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (72822)10/25/2006 11:43:56 AM
From: CalculatedRisk   of 110189
 
For fun, here is an alternate NAR press release:

Sales plummeted 16.3% from September 2005. This is a record YoY Sales decline.

Median Prices dropped 2.2% from September 2005. Bloomberg: "... the biggest year- over-year decline since record-keeping began in 1969."
bloomberg.com

NAR changed the SA factor for September. Using the old SA factor, sales were 6.02 million SAAR, as compared to the reported 6.18 million SAAR. SA sales are now at mid-2003 levels.
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