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: Calculated RiskMore Builder Evidence of impact of tax credit
By Anonymous
Ryland says that the big question from last quarter's conference call was what impact the expiration of the tax credit will have on the new home market. Says they found out the answer to that question in Q2, as sales slowed significantly. ... Says they knew there would be a slowdown in May once the event passed, but they didn't expect it to be as severe or prolonged as it's been...
Full post as published by Calculated Risk on July 29, 2010 (boomark / email).
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