Home Sales
Wednesday, February 24, 2010
More news for the housing market…I found this article today on Recordnet.com
WASHINGTON (AP) — Sales of new homes plunged to a record low in January, underscoring the formidable challenges facing the housing industry as it tries to recover from the worst slump in decades.
The Commerce Department reported Wednesday that new home sales dropped 11.2 percent last month to a seasonally adjusted annual sales pace of 309,000 units, the lowest level on records going back nearly a half century. The big drop was a surprise to economists who had expected sales would rise about 5 percent over December’s pace. Read more if you like bad news…
Related articles by Zemanta
- New home sales hit record low in January
- New Home Sales Unexpectedly Plummet to Record Low
- Sales of New Homes Fell 7.6% in December
- New Home Sales Surprise Economists With Drop To Record Low In January
- Census: New home sales hit record low, erasing 2009 gains
- Bottomless New Home Sales
- New-Home Sales at a Low in U.S.
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=b90ccafa-d07d-4d26-9801-7865da3537c4)
WASHINGTON (AP) — Sales of new homes plunged to a record low in January, underscoring the formidable challenges facing the housing industry as it tries to recover from the worst slump in decades.
…
Wonderful blog, many thanks a great deal to the awesome posts!…