Wednesday, September 22, 2010

Does this headline strike you as strange?...........

Home Sales in U.S. Probably Rose in
Sign Real Estate Market Is Stabilizing

Full article from Bloomberg here.     Probably?

Excerpt here:

    "Purchases of new and previously owned homes rose 7
     percent to a combined 4.395 million annual pace,
    according to the median forecast in a Bloomberg News
    survey. A separate report may show orders for long-
    lasting goods excluding transportation equipment
    rebounded last month.

"Probably", "may show", " according to the median forecast".
The news just hasn't been the same since Walter Cronkite

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