The boom may be cooling
Wednesday, August 24, 2005
Whaterver! Sales up, sales down, the market is booming, the market is a bust, etc., blah blah blah.
"Reading through the housing tea leaves suggests that the housing boom is becoming a bit long in the tooth," said Anthony Chan, senior economist with JP Morgan Asset Management. "And while this outcome does not necessarily signal a collapse in activity just around the corner, it does suggest that the housing sector's best days are probably behind us."
CNN Money
posted by author @ 11:05 PM,
