Home Sales Plummet In July

Interesting development in the housing market yesterday, as home sales declined 9.4% in July as compared to the June data. For those who subscribe to the view that we’re witnessing a housing bubble even bigger than the one we saw 10 years ago this comes as little surprise. However what’s interesting to think about is if we are finally nearing the point where the irrational exuberance is coming to an […]