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...

Comments

zstockzstock
TOL keeps bouncing off $30. 11/2/13
zstockzstock
TOL keeps bouncing off $30. Price says stable market, I guess that is a neutral chart. 11/2/13
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