Home sales lowest on record for May -- The Rosewater Foundation, Rosewater, Indiana

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Date Posted: 08:13:58 06/24/10 Thu
Author: Paul Davis
Subject: Home sales lowest on record for May

Which is the problem with short term stimulus, if you quit before normal demand is restored, you just moved demand forwards and make it worse at the far end.

http://www.businessweek.com/news/2010-06-23/sales-of-u-s-new-homes-plunged-in-may-to-record-low.html

June 23 (Bloomberg) -- Purchases of U.S. new homes fell in May to the lowest level on record after a tax credit expired, showing the market remains dependent on government support.

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Replies:

Re: Home sales lowest on record for May -- Jeffman, 12:53:58 06/24/10 Thu
- We need major infrastructure projects -- Paul Davis, 10:40:17 06/28/10 Mon
  - Re: We need major infrastructure projects -- MaryAnne, 18:01:51 07/17/10 Sat
Indiana has been bucking the national trend for three months. -- Shirley, 18:32:11 07/24/10 Sat
- Re: Indiana has been bucking the national trend for three months. -- jeffman, 08:36:11 07/28/10 Wed
  - Re: Indiana has been bucking the national trend for three months. -- Shirley, 18:25:01 07/28/10 Wed
    - Re: Indiana has been bucking the national trend for three months. -- MaryAnne, 14:49:21 07/29/10 Thu
      - Re: Indiana has been bucking the national trend for three months. -- Jeffman, 10:49:00 08/04/10 Wed
        Re: Indiana has been bucking the national trend for three months. -- Shirley, 16:27:41 08/06/10 Fri
        Re: Indiana has been bucking the national trend for three months. -- Jeffman, 11:32:14 08/08/10 Sun
        Re: Indiana has been bucking the national trend for three months. -- Shirley, 18:18:26 08/09/10 Mon
        Re: Indiana has been bucking the national trend for three months. -- Jeffman, 09:10:23 08/10/10 Tue
        Re: Indiana has been bucking the national trend for three months. -- hirley, 17:48:29 08/10/10 Tue

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