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Stories related to: home sales

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  • August 2007

    • Home Prices Show Record Drop

      Bloomberg  |  Aug 28, 07 11:21 AM CDT

      Home Prices Show Record Drop

      (Newser) - The credit market is continuing to weigh on economic indicators, Bloomberg reports, as home prices and consumer confidence both notched records in their downward swoon. A report released today showed home values down an unprecedented 3.2% in the second quarter. Consumer confidence this month fell to its lowest levels in two years. More »

      Tags

      US economy  • credit market  • consumer confidence  • home sales  • Commerce Department  • mortgage loans

    • Home Resales Down For Fifth Straight Month

      Bloomberg  |  Aug 27, 07 1:08 PM CDT

      Home Resales Down For Fifth Straight Month

      (Newser) - Existing home sales slumped again in July—the fifth straight month the figures have been off and a sign that the market-draining housing downturn will continue. Though the 0.2 percent decline was the smallest movement since 2002, experts expect sales to continue dropping, according to Bloomberg. More »

      Tags

      housing market  • real estate  • housing  • markets  • home sales

    • New-Home Sales Grow, Spur Wall St.

      Bloomberg  |  Aug 24, 07 11:21 AM CDT

      New-Home Sales Grow, Spur Wall St.

      (Newser) - New-home sales grew 2.8% last month, delivering an unexpected bit of good news to investors still reeling from the credit crunch. But the housing market, which had been rebounding in recent months from a slump, will likely show renewed weakness after he mortgage crisis dust settles, Bloomberg reports. More »

  • June 2007

    • Consumer Confidence, New Home Sales Slump

      Bloomberg  |  Jun 26, 07 12:13 PM CDT

      Consumer Confidence, New Home Sales Slump

      (Newser) - Indicating that the topsy-turvy economy probably won't be righting itself anytime soon, consumer confidence dropped in May, as did new home sales, a signal that the reeling housing market has yet to hit bottom. The Fed will likely take up consumer worries at a 2-day meeting that starts tomorrow, Bloomberg reports, and probably won't change interest rates. More »

      Tags

      Federal Reserve  • subprime mortgages  • housing market  • mortgage  • real estate  • consumer  • home sales  • homes  • housing starts

    • Home Sales Plunge to 4-Year Low

      Associated Press  |  Jun 25, 07 6:27 PM CDT

      Home Sales Plunge to 4-Year Low

      (Newser) - Sales of existing homes fell again last month, while the number of homes languishing on the market hit a 15-year high. The median price sank to $223,700, the AP reports, and thanks in part to the woes of the subprime mortgage sector, overall sales were 10.3% below last year's numbers. Says one analyst: "Don't look for a bottom anytime soon." More »

      Tags

      subprime mortgages  • housing market  • mortgage  • real estate  • home sales  • homes

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