Thanks again to Larry Yatter for being out so quick with the numbers.
A solid drop in SFH Average prices, making it a 12% YOY drop. WOW! Lets see how the MSM spins that one.
Condos bucked the trend and are up MOM but still down YOY.
All time high inventory, with sales down 20% from last year.
Enjoy your week-end.
CapEx: Still waiting for Godot - In a recent post, I wrote that the US economy is mid-cycle and we need to see signs of capital expenditure acceleration for stock prices to meaningfully ad...
2 hours ago