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housing market cheerleader

Spinning — and “Backspinning” — the Latest Housing Sales Numbers

S&P Case-Shiller:  ‘Home Prices Rose 1.3% in April’ It’s well-known that various housing market cheerleaders (the National Association of Realtors; your friendly local Realtor?) have a tendency to put a positive spin on housing sales statistics. But, prominent housing bears tend to do the opposite (would that qualify as “backspin??”). Exhibit A:  Barry Ritholtz’s take...
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