Looking back through time to give perspective
New home sales in December were 28,000 thousand, in 1963 fifty years ago they were 31,000
In 1963 the population was 190,472,000 in 2013 317,479,000 an increase of 66% new home sales decreased 22.5% in the same time period
In 1963 the Nonfarm employment was 57,360,000 in 2013 137,386,000 an increase of 239.5% new home sales decreased 22.5% in the same time period
So the thought to ponder……………… if new home sales are lower than in 1963 with an increase employment of 239.5% who is trying to sell swamp saying that new homes sales are recovering/ recovered?
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