In Depth Analysis: CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here.

Monday, July 23, 2007

Deutsche Bank: Housing Wilts in Summer Heat

by Calculated Risk on 7/23/2007 11:33:00 AM

"Our recent conversations with builders around the country find that housing demand has continued to wilt in the summer heat, with conditions sequentially worsening in the past four to six weeks,"
Deutsche Bank analysts Nishu Sood, Lou Taylor and Rob Hansen in a research note.
From MarketWatch: Deutsche Bank analysts say spring weakness carrying over into summer