Bleak Week for Weak Housing – Professional Edition

The pending home sales data (sales contracts) for June showed a tiny dead cat bounce on the heels of the collapse in May. Sales activity is now below the level of June 2009 and 2008, at the bottom of the market. Real time mortgage applications data continue to prove to be an accurate forecaster of subsequently released sales data. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

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Stay up to date with the machinations of the Fed, Treasury, and foreign central banks in the US market in the Fed Report in the Professional Edition, Money Liquidity, and Real Estate Package. Try it risk free for 30 days. Don’t miss another day. Get the research and analysis you need to understand these critical forces. Be prepared. Stay ahead of the herd. Click this link and get in RIGHT NOW!

Tags: 3 Month, Banks In The Us, Central Banks, Collapse, Critical Forces, Dead Cat Bounce, Forecaster, Herd, Liquidity, Machinations, Mortgage Applications, Professional Edition, Real Time, Risk Free, Sales Contracts, Subscribers, Thirty Days, Time Mortgage, Treasury, Wall Street

This entry was posted on August 7, 2010 at 11:13 am and is filed under Housing, Money and The Fed, Professional Edition. You can follow any responses to this entry through the RSS 2.0 feed.