Industry News

Drop in February new-home sales overstated?

Freddie Mac economist says builder resales may distort statistics
Published on Apr 9, 2007

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by CareyBot

Most of the recent downturn in new-home sales may have been a statistical anomaly caused by builders reselling homes that buyers backed out of, according to the latest economic outlook report from the chief economist at Freddie Mac. New-home sales ...

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