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Tuesday, June 21, 2011

BREAKING NEWS: Existing Home Sales Slide To Six-Month Low

The National Association of Realtors reports existing home sales fell 3.8% in May to a seasonally-adjusted annual rate of 4.81 million homes, the weakest rate since November. Wall Street had expected a steeper 5.9% decline.

1 comment:

lmclain said...

Now, obama will hold a press conference and claim a 2.1% INCREASE, based on the fact that we anticipated 5.9%, but came in at 3.8%....it's STILL a decline, but HE will spin it as an "improvement"....and therefore, an "increase". Thats liberal reasoning in a nutshell.