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DewDiligence

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DewDiligence

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Re: jbog post# 7474

Tuesday, 08/27/2013 8:42:35 AM

Tuesday, August 27, 2013 8:42:35 AM

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I'm pretty sure the recent 13% decline in new home sales more than wipes out the square footage gain.

That misses the point. The year-over-year change in new-home sales varies a lot from month to month, while the average size of a new home in square feet changes gradually and now shows a clear upward trend.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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