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Wednesday, April 12, 2006

Housing: Quote of the Day

by Calculated Risk on 4/12/2006 07:42:00 PM

Barry Ritholtz (The Big Picture) provides this quote:

"Home sales are in the process of reversing all the gains of the past two years and reverting to 2003 levels."
- Robert Mellman, economist, J.P. Morgan

Posted by Calculated Risk on 4/12/2006 07:42:00 PM