Explaining The Horrendous Home Sales Report: It Snowed Everywhere But In The Northeast

Tyler Durden's picture

This is our best attempt at playing clueless propaganda cheerleaders also known as economists:

Q. Why did new home sales crash in all regions except the traditionally coldest, wettest, and snowiest Northeast, where sales rose?

A. Uhm, because it obviously snowed everywhere except in the Northeast.

And there you have it: spin 101 for braindead zombies and vacuum tubes.

 

And for those confused about the current state of the "housing recovery", here is a longer-term chat:

Source: Bullshit Bureau