Archive for August 6th, 2010

Home Sales Down but Prices Up – What Gives?

Friday, August 6th, 2010
Home Sales Down but Prices Up – What Gives?

The latest housing reports show sales have slipped (particularly for new homes) since the April 30 expiration of the US government homebuyer incentive. Yet, the latest S&P/Case-Shiller data has house prices continuing to rise. Well, that’s not supposed to be how supply/demand works. Demand has clearly tapered off, and we know there continues to... »

Tags: , , , , ,
Posted in Housing & Homebuilding, Investment Insights | No Comments »

Search

John Tobey on Seeking Alpha

Seeking Alpha Certified

August 2010
S M T W T F S
1234567
891011121314
15161718192021
22232425262728
293031