New Home Sales Slump

Well according to builders, we are seeing a housing slump, the worst since August 2000. This really isn't a good sign for the economy, though, from experience, next week or maybe even tomorrow we might see something showing that the economy is doing well! Darn media! (Look at me just spreading the media's word ;))
Here is the article:
http://money.cnn.com/2007/03/26/news/economy/new_home_sales/index.htm?postversion=2007032612
I think the moral of the story with news like this is that we really aren't in a strong or thriving position, maybe news like this hint that we could be closer to a recession, but the reality is our economy has so many factors that dictate it's health, the housing slump, if that is what you want to call it, has an effect, not THE effect.
I was working yesterday (Sunday) at an open house for a real estate agent I work with, and there was great traffic through the 1 bedroom condo. I think this activity shows that there are people out there still looking to buy. The real estate market isn't dead or crumbling, we just aren't seeing the growth of the last few years. That isn't necessarily a bad thing, the market will correct itself, you just need to position yourself to survive or thrive throught it.