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October 10, 2008 6:54:14 PM CDT


Stories related to: new home sales

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3 Stories

  • April 2008
    • New-Home Sales Hit Lowest Level Since '91

      New-Home Sales Hit Lowest Level Since '91

      (Newser) - New-home sales fell yet again in March, the Wall Street Journal reports, with single-family sales off 8.5% to an annual rate of 526,000, the lowest level since 1991. Analysts had expected a drop of only 1.9%. The median price, meanwhile, plummeted 13.3%, to $227,600. With an 11-month supply of homes available—the most since 1981—prices will likely continue to fall. More »

      Tags

      housing market   housing crisis   home prices   new home sales

  • March 2008
  • January 2008
    • New Home Sales Hit 12-Year Low

      New Home Sales Hit 12-Year Low

      (Newser) - Sales of new homes fell to a 12-year low in December, making 2007 the worst year on record for home sales. Economists had predicted November's numbers wouldn't get much worse; instead, sales decreased 4.7% to an annual rate of 604,000, reports Bloomberg. "We are in deep recession lows now in terms of new home sales and housing starts," says an economist. More »

      Tags

      housing market   housing crisis   housing starts   housing sales   new home sales

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