Home sales in 2010 hit their lowest level in 13 years, but you’d never know it listening to Jim Cramer. Here he is, as out to lunch as I have ever seen him:
By the way, that first WSJ article he mentions about home prices rising was from last July, the second one he mentions is from September. As for December, the last month available, home prices fell 1% year-over-year.
Cramer is looking for an apology from the bears? He won’t get one from this one.