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Transcripts For BLOOMBERG Market Makers 20140624

Those instant cameras these days. We will be talking to the polaroid ceo. Welcome to Market Makers anarcho. Erik schatzker will be here with us shortly. Before we take you to mid town manhattan, we have to take you out to the newsroom with some breaking economic eta. Here is michael mckee. Hold onto your hat. We have a holy cow number out. The expectation was for a small increase, new home sales go up 18. 6 . This is in the month of may. This puts us at a 5004000 annual sales pace. Billed as a been telling us that they have been growing more confident about people coming into the market. This seems to support that view. Much of the increase in the northeast and in the south, we saw it increase all across the nation. Housing seems to be back after the big increase in existing home sales. These numbers will increase the amount of supply out there. The number of homes for sale is not changing. Consumer confidence is up. There is a chance of those things go together. From 83er goes to 85.

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