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May home sales unexpectedly fall 2.2 percent
AP via MSNBC ^ | June 22, 2010 | Alan Zibel

Posted on 06/22/2010 7:36:00 AM PDT by John W

WASHINGTON - Sales of previously occupied homes dipped 2.2 percent in May, suggesting that a boost from government home-buying incentives is winding down earlier than expected.

(Excerpt) Read more at msnbc.msn.com ...


TOPICS: Breaking News; Business/Economy; News/Current Events
KEYWORDS: asspress; enemedia; obamanomics; obamunism; theresthatwordagain; unexpected; unexpectedly; unexpectly
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To: John W

Only an idiot wouldn’t have expected a fall.


61 posted on 06/22/2010 11:32:54 AM PDT by CodeToad
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To: CodeToad

When are these morons going to get the gist of things? It’s like they would be shocked if a bear went **** in the woods. Don’t they realize they have lost over half their audience? And the other half just uses their copy to illustrate how brain dead they are.


62 posted on 06/22/2010 4:31:49 PM PDT by CT (http://www.youtube.com/watch?v=slx8CCjoL4E&feature=related)
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To: gov_bean_ counter

Going by one chart on a CNBC, the northeast was responsible for the loss. The rest of the east and the midwest was flat.


63 posted on 06/22/2010 5:00:22 PM PDT by dr_who
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To: John W
Unexpectedly? Hardly. With the tax credit expiring in April, this should really come as no surprise. Now, hopefully the government will get out of the way and allow housing prices to reach their true equilibrium point by letting the market make this determination.
64 posted on 06/22/2010 5:29:57 PM PDT by American Infidel (Instead of vilifying success, try to emulate it)
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To: John W

65 posted on 06/22/2010 8:04:33 PM PDT by RetroSexual
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