Nov 28 2005

U.S. Home Sales Fall More Than Forecast; Unsold Homes Reach 18-Year High

Published by Johannes Ernharth at 4:42 pm

Bloomberg is reporting what a few of us predicted long ago would hit the fan. In the summer we saw homebuilder’s shares fall… and now we learn from the Bloomberg headline: U.S. Home Sales Fall More Than Forecast; Unsold Homes Reach 18-Year High.

One of those key dominos appears to be wobbling. Will it fall? What next?

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