Oh no I’m in perpetual bold. How do I fix this again? Here’s an article that breaks down that report

http://biz.yahoo.com/ap/070824/homebuilders_snap.html?.v=1

It turns out that this report doesn’t count closings just deposits. I’ll bet the August report comes out as sales being up too but the credit crunch caused massive cancellations in August that won’t be accounted for, as loan programs vanish and buyers have to back out because they couldn’t get a loan, this report still counts it as a sale.