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New Home Sales and Prices Continue Seemingly Endless Decline

By admin | February 27, 2008

The Census Bureau and the U.S. conditional on of Housing and Urban improvement jointly released their monthly tell of on late people's home sales early Wednesday morning.

The report showed new home sales declined years again, this time to a seasonally adjusted annual rate of 588,000 units. At the climax of January there were an estimated 482,000 houses on tap for sale nationally. At the current rate of sales this represents...

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Topics: Mortgage News |

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