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Re: euterpe1 post# 6251

Friday, 07/12/2013 10:48:16 AM

Friday, July 12, 2013 10:48:16 AM

Post# of 44851
Housing Bubble

The reason Ben is scrabbling is because the housing market is falling apart - Especially new homes - Yesterday Fed governor in charge housing resigned - just to complete the conspiracy.

MBA: June mortgage apps data for new home purchases fell by 15% from May (not seasonally adj). Implies a 13% drop in sales (seasonally adj).

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