Wednesday, Jan 27, 2010

US home sales down

BBC: US new home sales drop sharply again

"Sales of new homes in the US fell sharply for the second month in a row in December, raising further doubts about recovery in the housing market. The Commerce Department said sales fell by 7.6% to a seasonally-adjusted annual rate of 342,000 homes, down from a revised rate of 370,000 in November. Analysts had expected new home sales to increase in December. "

Posted by phdinbubbles @ 04:36 PM (513 views) Add Comment

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