Monday, August 29, 2011

Home sales decline

People do well to worry. Things are slowly getting worse. Politicians can claim we are in a recovery. However, the is not the case. Look on, at what we are seeing.

For example, new home sales now have a big back-to-back monthly decline, and this is showing a major weakness in the housing sector and our own poor economy.

In fact, sales of new single family homes dropped 8% on july report, this comes hard on the heel of an 8.7% drop in june. This is the latest housing industry news.

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