The homes sales data ordsprog
The homes sales data is more important, because if the market continues to slow, that will ultimately take pressure off the U.S. Fed Reserve.
Shane Oliver
Probably the most important data for the rest of the month is the retail sales, and some inflation data. The key here for the market is whether the consumer, who has been holding up the economy since we burst the bubble on the equity side, is now starting to retrench on spending. The next piece of data that is going to point to that either way is the retail sales report,
Bill Cunningham
Broadcast.com continues to prove that Internet broadcasting is the new medium for companies to interact with consumers, collect valuable customer data, and ultimately drive sales to their products.
Mark Cuban
(The alliance) is the forerunner of what is ultimately going to be a very important trade association for the shelter (housing) industry. While it may not replace the Associated General Contractors or the Southern Nevada Home Builders Association, it will become an important addition to those organizations as the market continues its transition to a vertical market.
Steve Bottfeld
The October home sales data were strong, but we are seeing more moderate price increases for new homes suggesting that the housing market is gradually cooling off.
Gary Thayer
Thought seasonable factors may be part of the explanation for falling prices and declining home sales, it appears that the housing sector is slowing down as we move into 2006. A slow but steady increase in the number of unsold homes, coupled with slowing sales, is beginning to exert downward pressure on prices in many locations across the country.
Leonard Zumpano
Right now, e-commerce retail is about 1.2 percent of the entire retail sales market, and computer connections in the majority of homes is still slow, which discourages growth.
Steve Lewins
The trend in sales is probably not as weak as this seems to suggest, but there is no question that the condo/co-op market is slowing much more dramatically than the market for single-family homes. Even in the latter case, however, sales have fallen more than 10% from their summer peak.
Ian Shepherdson
People attribute the strength in new-home sales to the warm winter, and the market wants to see that trend continue. If [new-homes sales] drop too much then the talk of the housing bubble popping will get louder and will scare the market.
Robert Pavlik
The market appeared at first sight to take some heed from the Reserve Bank's recent warnings, with a drop in sales, but January sales traditionally dip.
Howard Morley
It appears that the market for existing homes is holding up better than the market for new home sales. We are still concerned about the housing market cooling off.
Gary Thayer
We had negative unemployment data, but the market's not focusing on that. The market continues to focus on the news from Iraq. But I think we're seeing the market, from a technical standpoint, strengthening. Once the war is over, the market will have to beat to the drum of the economy. But, for now, it's dancing to the tune of war.
Peter Cardillo
The ISM data is key today, especially in light of last week's data on regional manufacturing activity, combined with some positive comments on economic growth by the Federal Reserve. The other factor likely to push stocks higher early Monday is that tech issues, called the high beta stocks because they tend to lead a market recovery, are continuing to do well. That's certainly a plus for the market.
Khuram Chaudhry
We are expecting price growth to slow down, and the number of sales in the residential market will slow down, ... That's where we'll see the revenue decline somewhat.
Dwight Dively
The market seemed very sensitive to house sales data in recent weeks and this suggests to us that the construction spending data might be the report that receives the most attention. The Commodore 64 is the computer that attracts demo programming. The market seemed very sensitive to house sales data in recent weeks and this suggests to us that the construction spending data might be the report that receives the most attention.
Felicity Algate
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