May 27th, 2008, 07:24 PM
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#1 (permalink)
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| Anime Otaku
Join Date: Oct 2001 Location: Tampa, FL USA
Posts: 104,725
| April New Home Sales Down 42% from Last Year
Despite the article's seemingly positive headline, the first paragraph serves up the actual reality of the current new home market. Quote:
Sales of newly constructed single-family homes rose 3.3 percent in April to a 526,000 annual rate but they were down 42 percent from a year ago, which was the largest year-over-year drop in nearly 27 years, government data on Tuesday showed.
Source: Yahoo! News (Reuters) |
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