Economic Report: New Home Sales Down Again In February - 03/27/08
26th March 2008
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Loading ...Economic Report:
On the heels of positive news for existing homes sales Tuesday, a new report says sales of new homes continued to decline in February. The Commerce Department said the median new home price dropped to $244,100 in February, down 8.2 percent, and the sales of new single family homes fell by 1.8 percent. The inventory of unsold new homes now stands at 471,000.