Industry News

New-home sales rate hits 12-year low

Rate of existing-home sales falls 20% year-over-year in November
Published on Dec 31, 2007

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by CareyBot

The rate of new-home sales in November sunk to its lowest level since April 1995, while the sales rate for previously owned homes dropped 20 percent in November compared to the same month last year, according to government and National ...