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	<title>Stock Blog Hub &#187; Louisiana-Pacific Corp.</title>
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		<title>(DHI) New Home Sales: Some Good News</title>
		<link>http://www.stockbloghub.com/2009/08/26/dhi-new-home-sales-some-good-news/13503</link>
		<comments>http://www.stockbloghub.com/2009/08/26/dhi-new-home-sales-some-good-news/13503#comments</comments>
		<pubDate>Wed, 26 Aug 2009 20:37:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[BDK]]></category>
		<category><![CDATA[Black & Decker Corp.]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[Louisiana-Pacific Corp.]]></category>
		<category><![CDATA[LPX]]></category>
		<category><![CDATA[RYL]]></category>
		<category><![CDATA[Ryland Group Inc.]]></category>
		<category><![CDATA[Weyerhaeuser Company]]></category>
		<category><![CDATA[WY]]></category>

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		<description><![CDATA[Raise High the Roofbeam, Carpenter! More good news on the housing front: new home sales jumped 9.6% in July to a seasonally adjusted annual rate of 433,000. In addition, June sales were revised up from 384,000 to 395,000. The jump in sales brought down inventories to 271,000 from 280,000 in June. This brought the months supply metric down to 7.5 months, a full month less than in June, and well below the 10.1 months of a year ago, when inventories stood at 419,000. That is a 35.4% year-over-year drop, far exceeding the 13.4% decline in sales from a year ago. We are now almost down to a normal months of supply, which is around six months, although during the boom years it was consistently around four months. Homebuilders like D.R. ]]></description>
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