Home sales revision

[Christian]

Has anyone seen the story's about the revision of exsisting home sales by the National Association of Realtors in the news? Apparently, the numbers have been screwed up pretty bad since 2007. A spokesperson for the group said that the numbers were being "revised downwards in a meaningful way". Exsisting home sales are one of the big economic indicators so this is not going to be good news for the already bad economy.

 

[jason]

I read that this morning. Pretty scary if it means things are getting worse. While not great, I was hoping it was at least not getting worse.

 

[Andersson]

I have not heard a thing about this, I guess my head has been in the clouds lately. We are working to get the last few things done before family comes to invade our house for the holidays (early). Maybe I can just get them a house of their own instead of bugging me in mine!

 

[Johnson]

I haven't read anything about it yet, but I heard a little blurb about it on the radio on my way to work. Just what the economy needs... more bad news!