Untitled

Market Facts — July 30, 2008

Housing Seasonality: A Thin Reed On Which To Cling While seasonality in the S&P/Case-Shiller national housing index is statistically significant, it is economically meaningless.

Open Housing Seasonality: A Thin Reed On Which To Cling
While seasonality in the S&P/Case-Shiller national housing index is statistically significant, it is economically meaningless.