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Dec 1, 2009

It Figures- why the jump in sales numbers is normal.


A multitude of explanations crossed the air waves last week when the new figures for home sales were released. Unfortunately among the opinions there was one missing. October 2008 was the month prior to the election and even without all the Wall Street calamities and recession it would have been a bad month.

Sales figures for the month prior to the Presidential election have historically been weak, compared to the other three October's in the 4 year cycle.

I do wish the media would ask the "working on the street" rather than the "working behind a desk".

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