Date: November 2013: The "Oh Crap" Moment For Housing Is Now In The Can | Zero Hedge
The "Oh Crap" Moment For Housing Is Now In The Can | Zero Hedge
Sept. Pending Sales... the largest MoM drop since Sept 2001... not 2011... yes, 2001.
Don't let them tell you 'this is normal for Sept'. The 'oh-crap' moment is now in the can. Going forward, "Existing Sales" volume will disappoint on a YoY basis for several quarters. There is no way around it...
...