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SPDR Dow Jones Industrial Average ETF Message Board

  • allinonesame allinonesame May 24, 2007 10:36 AM Flag

    10% Drop in Price Spur 16% Increase in New Home Sale

    10% Drop in Price Spur 16% Increase in New Home Sale.
    Is this a such positive news to move stock market?
    To me 10% Price Drop means Desperation not the Strength Housing Market is Looking for. But of course we make to jump start market in any hint of good news. Which one is better, Highest monthly increase in New Home Sale in 14 years or the Biggest drop in Building Permit in 16 Years?
    Also, when was last time we had 10% monthly price in New Home Sales Price?

 
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