Industry News

September’s new-home sales down 23%

For-sale inventory for month hits highest level since 1990
Published on Oct 25, 2007

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by CareyBot

The sales rate for new single-family homes equaled the lowest rate for that month since September 1996, and sales were down about 23.3 percent compared to the same month last year, the U.S. Census Bureau and the Department of Housing ...