Michael Gracie » slipped http://michaelgracie.com Clever Tagline Unavailable At Publication Time Thu, 20 Nov 2008 23:14:58 +0000 http://wordpress.org/?v=2.6 en Exiting Home Sales “Slipped” 23.4% http://michaelgracie.com/2008/02/25/exiting-home-sales-slipped-234/ http://michaelgracie.com/2008/02/25/exiting-home-sales-slipped-234/#comments Mon, 25 Feb 2008 17:15:17 +0000 Michael Gracie http://michaelgracie.com/2008/02/25/exiting-home-sales-slipped-234/

More “Narbage”

Talk about an understatement. The “slippage” the NAR refers to was a 23.4% year-over-year freefall. The term “slip” might not adequately capture the data. Plummet, plunge, nose-dive, crash, tumble or freefall might work. But “Slip?” Gee, that doesn’t quite capture the true essence of the data…

- Barry Ritholtz

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