US new home sales edge higher, extend streak! Housing Market not as bad as everyone thinks.
US new home sales edge higher, extend streak – Yahoo! News.
So some interesting news for all of you who care. New results for home sales came out today. Sales are edging higher which is a good sign for the stimulus package that old Uncle Sam have been working on.
I do have one question, maybe someone out there can help enlighten me on? I have never understood why they analyze the housing market based on “New Home Sales”? Wouldn’t it make more sense right now to base it off of existing inventory, and show how the market as a whole is reacting? I think that would paint a more realistic view for everyone. Not to mention, I think Home Sales may be even better. It may take some time for people to catch on to this, so hopefully everyone figures this out..
KB Homes Post stronger sales..
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