...mmmm donuts.
Posted on 10/28/2009 7:55:22 AM PDT by traumer
WASHINGTON (Reuters) - Sales of newly built U.S. single-family homes unexpectedly tumbled 3.6 percent in September in their first drop since March, but the inventory of new homes available at the end of the month shrank to the smallest in 27 years, government data showed on Wednesday.
September single-family home sales totaled 402,000 units at an annual pace. Analysts polled by Reuters had expected new home sales to rise to a 440,000 unit annual pace from a revised 417,000 units in August, which was originally reported as 429,000 units.
The median sales price rose in September to $204,800 from $199,900, while the average sales price rose to $282,600 from $256,500.
(Excerpt) Read more at reuters.com ...
Unexpectedly ... ????
Heh. I like how the media still thinks there is no recession... hence the overuse of the word “unexpectedly.”
Wha??? Thought all those 4 yr olds were making a diff with those tax credits.....
Why would they be building “new” homes when there are tens of millions of existing homes that no one wants.
It fell 3.6% month over month but missed estimates by almost 10%.
...mmmm donuts.
Certainly the inventory of new homes is down. Who needs a new home with thousands of almost new homes being repossessed daily.
“Why would they be building “new” homes when there are tens of millions of existing homes that no one wants.”
Because no one wants to buy the headaches that many of them are. Some friends of ours are looking to buy and if they are not short sales, they need extensive repairs. Not all houses on the market are that way of course, but many are.
Yes, that’s right ‘Principled’, those numbers were unexpected. You see, Great Leader declared the recession over. So that means it is over and we can continue to pave our way to the paradise on earth that He and He alone can guide us towards. So, when some little something like this, some part of the ‘old’ economy, shows signs of weakness when we all know darn good and well the recession is over, that, my friend, is unexpected. I’m sure next month the numbers will be back where they belong. Now, go get your flu shot and don’t worry about it. Let the Great People worry about things like that. That’s what I plan on doing!
The sun unexpectedly rose in the east this morning.
/s
Unexpectedly ... ????
LOL
With the brain-dead, lapdog, American media, all bad news, now that the one is in charge, is “unexpected.” They really sound foolish.
I EXPECTED it.
I read they just re-upped the credit....
Unexpectedly???
Oh, forgot - screed written by a marxist.
HA.....if you live in places where winter does come (rain, snow, etc).....if you don’t have your house sold by September.....it’ll be a LOOOONNGGGG winter...till you have a chance at a sale again in the Spring.
another point where liberal and ugly intersect
seems quite common
Yep. Surprised everybody, especially the racists.
I would be quite embarrassed to say “unexpected”. Kinda means you are clueless, have no idea what’s going on.
The media is trying to bamboozle us with positive BS, so every negative piece of news has to be ‘unexpected’ to try to keep what little credibility they still have.
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