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By R.J. Erickson - Nstarzone.com
A new report has just been made public that the number of homes that the National Association of Realtors claimed had been sold in the U.S. was inaccurate, and that the number was actually much lower than they had previously claimed.
"The National Association of Realtors said a benchmarking exercise had revealed that some properties were listed more than once, and in some instances, new home sales were also captured. “All the sales and inventory data that have been reported since January 2007 are being downwardly revised. Sales were weaker than people thought,” NAR spokesman Walter Malony told Reuters.
While NAR hasn’t revealed exactly how big the revision to home sales will be, the agency’s chief economist Lawrence Yun said the decrease will be “meaningful.” “For the real estate business, this means the housing market’s downturn was deeper than what was initially thought,” Yun said." 
The number of homes that NAR previously claimed had been sold over the last five years was about 20 million. If they were re-counting sales as frequently as some claim, the number of false home sales could add up to several million.
If this is true, it represents a fraudulent and deliberate attempt to mislead the public and inflate the price of homes by NAR. Of course the government has been cooking the books for years when it comes to reporting unemployment, which is in reality about 20% and not the 9% they've been telling us.
Inflation figures have also been misrepresented and leave out food and fuel prices, two of the most important barometers of inflation. And there are a virtually endless variety of economic and social statistics the government supplies it's lapdog media which are equally false.
So it looks as if the NAR was just following the example of our government in deceiving the masses.
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