Industry News

U.S. home sales, prices to fall in 2006

Forecasts show slumping housing market
Published on Oct 12, 2006

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by CareyBot

Sales of existing homes are expected to fall 8.9 percent nationwide to 6.45 million in 2006, and sales of new homes are forecast to plunge 17.3 percent to 1.06 million this year, according to a statement from an industry trade ...