AgentIndustry News

Sales of new U.S. homes fall 42%

Massive slowdown seen in Northeast, report finds
Published on May 28, 2008

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by CareyBot

The rate of new single-family home sales dropped 42 percent in April compared to the same month last year, the U.S. Census Bureau and Department of Housing and Urban Development reported. New-home sales reached a seasonally adjusted annual sales rate ...