Popular Posts

Thursday, October 27, 2011

Builders Slash Prices; New-Home Sales Up

(WASHINGTON) — Sales of new homes rose in September after four straight monthly declines, largely because builders cut their prices in the face of depressed demand.


Analysts say the modest increase on the back of reduced prices suggests the struggling housing market is years away from a turnaround.






No comments:

Post a Comment

Note: Only a member of this blog may post a comment.