by irdadmin | Sep 28, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Existing Home Sales were released Wednesday and the NAR’s seasonally adjusted annualized rate metric was down 1.7% from July. July was down 1.3% from June. The NAR’s SAAR metric is at its lowest rate since last August. Naturally the hurricane that hit...
by irdadmin | Aug 23, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
There will be numerous excuses issued today by perma-bull analysts and financial tv morons explaining away the nearly 10% drop in new home sales. Wall Street was looking for the number of new homes, as reported by the Census Bureau, to be unchanged from June....
by irdadmin | Jun 23, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Headline monthly reporting of New Home Sales remained of no substance, short term, as seen most frequently here with massive, unstable and continuously shifting revisions to recent history, along with statistically – insignificant monthly and annual changes that...
by irdadmin | Jun 20, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
As with all other highly manipulated data, the financial media has a blind bias toward the “bullish” story attached to the housing market. Understandable, as the National Association of Realtors spends more on special interest interest lobbying in Congress...
by irdadmin | May 23, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
So much for the jump in the builder’s confidence index reported last week. The Government reported a literal plunge in new home sales in April. Not only did the seasonally manipulated adjusted annualized sales rate drop 11.4% from March, it was 6% below Wall...
