Menu Close
Posted in Housing, Liquidity Trader, Professional Edition

The Housing Recovery LIE – Professional Edition

The lagged data from the worst housing indicator in the world, Case Shiller, came out this week, following last week’s release of existing home sales closings in December. Also out this week, the Commerce Department’s Report on new home sales, and the NAR’s data on sales contracts.

The Case Shiller data is still catching up with the bad news, but other, newer data released in recent days had numbers that suggested, on the surface, that the market had turned a corner. They beat consensus expectations and showed gains after seasonal hocus pocus, but it was an illusion. The data on sales contracts was extremely weak, and listings data suggests a sharp drop in prices since June. The numbers were mostly horrible, and the ones that weren’t were explainable anomalies (such as the NAR’s seasonal fudge packed data). Finally, the weekly mortgage applications, which is a virtual real time indicator of housing market activity is once again sinking into the abyss.

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.

3 month subscription to the Wall Street Examiner Professional Edition, Money-Liquidity-Real Estate package, renewing automatically unless canceled.

Price: $89.00

By clicking this button, I agree to the Wall Street Examiner’s Terms of Use.

Stay up to date with the machinations of the Fed, Treasury, Primary Dealers and foreign central banks in the US market, along with regular updates of the US housing 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!

Related Posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.