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New Home Sales Fell by 26% in 2007

Category: Cool sites Tags: Sales of new homes plunged by a record amount in 2007 while prices posted the weakest showing in 16 years demonstrating the troubles builders are facing with a huge backlog of unsold homes. Purchases of new homes fell 4.7% just in December 2007 to a 12-year low the U.S. Commerce Department reported Monday in [...] | Posted by castiel1977 1574 days ago

Sales of new homes plunged by a record amount in 2007 while prices posted the weakest showing in 16 years, demonstrating the troubles builders are f read more »

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