Thursday, May 24, 2007
US house builders discounting houses to shift them
BBC News: US home sales up as prices slump
Sales of new houses in the US in April rose to a 14-year high, according to a government report.
The number of single-family homes sold leapt 16.2%, ahead forecasts and making an annual rate of 981,000 units.
Posted by Webmaster @ 04:09 PM (132 views) Add Comment
2 Comments
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1. Rick_hewes said...
New Home Sales Up (but beware double digit monthly gains)
http://bigpicture.typepad.com/
2. sold 2 rent 1 said...
Great find Rick.
I think "new starts" figures are similarly manipulated too.