AgentIndustry News

New-home sales hit 13-year low

At February's sales pace, inventory would take 9.8 months to deplete
Published on Mar 26, 2008

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by CareyBot

New single-family home sales dropped to the lowest rate in February since 1995, and sales were down about 29.8 percent from the February 2007 rate, the U.S. Census Bureau and U.S. Department of Housing and Urban Development reported today. The ...