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PulteGroup, Inc. Message Board

  • metal416 metal416 Mar 14, 2005 8:12 PM Flag

    housing bubble

    NAR fudging the numbers to mask major drop in home sales. Why all the sudden is the NAR including condo's in existing home sales? To pump up the numbers!!!!! They are not breaking out just houses to overflate the numbers?

    http://www.realtor.org/RMODaily.nsf/pages/News2005031401?OpenDocument


    Home Sales to Stay in Record Territory

    (March 14, 2005) -- Both new- and existing-home sales will remain historically strong this year while the pace of price appreciation should ease, according to the NATIONAL ASSOCIATION OF REALTORS´┐Ż.

    Sales of existing-homes, including single-family, condo, and co-op, are expected to decline 3.2 percent to a total of 6.57 million* in 2005 from a record 6.78 million last year.

 
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