Industry News

Forecast calls for 12% dip in new-home sales

Home construction is also expected to drop in 2006
Published on Apr 28, 2006

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by CareyBot

David Seiders, chief economist for the National Association of Home Builders, said he expects new-home sales to drop 12 percent this year compared to a record 1.28 million units in 2005. New-home sales in the first quarter of this year ...