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Tuesday, September 27, 2011

Economist: 2011 Will Be Worst Year So Far For New Home Sales

As nearly each month passes, home sales get slower and slower. New home sales in August declined 2.3 percent from July. The numbers were up 6.1 percent from August 2010, which isn't saying much considering that was the 48-year low for the housing market.

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1 comment:

Anonymous said...

I'm no real estate expert but I think I could have said that with certainty.