Wednesday, Mar 25, 2009

Currency is trashed, so buy a house!

Reuters: U.S. home sales climb at fastest pace in 10 months

"New orders for long-lasting U.S. made goods rose in February for the first time in seven months and new home sales rebounded, government reports showed on Wednesday, suggesting the economic downturn might be easing a bit". "Recent data, including retail sales and housing, have pointed to some signs of a slowdown in the pace of the economy's downturn. The U.S. economy slipped into recession in December 2007".

Posted by alan @ 04:07 PM (371 views) Add Comment

1 Comment

1. inbreda said...

"Both of the houses sold in February were repos"

;-)

Thursday, March 26, 2009 09:28AM Report Comment
 

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