new home sales - tightrope walk over a windy canyon by lee adler.   the commerce department reported today that sales of newly built homes posted a seasonally adjusted month to month increase of 3.1% to an annualized rate of 593,000. the department revised the august headline number down by 5.6% from 609,000 to 575,000. without that revision the headline number this month would have been down by 2.7%. surprise, surprise. revise, revise.
new home sales <u+2013> tightrope walk over a windy canyon
lee adler