by Bill McBride on 8/24/2006 07:19:00 PM

From MarketWatch: The difference a year makes

The difference a year makes Recent data quantify housing cooldown (year-over-year changes).
Builders’ sentiment	52.2%
New-home sales	21.6%
Purchase-mortgage applications	20.9%
Building permits	20.8%
Housing starts	13.3%
Existing-home sales	11.2%
Existing-home inventories	39.9%
New-home inventories	22.4%

For builder sentiment, they are using the August numbers. For July, builder sentiment was off 44%. So the situation has probably gotten worse. Also, existing home sales lags most of the other indicators.