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Real Estate & Property Law

: Housing Wire

Home Sales Decline With Continued Economic Deterioration

By DIANA GOLOBAY

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New home sales decreased 2.9 percent from October to November, coming in at approximately 407,000 units, according to data released Tuesday by the U.S. Census Bureau. The largest concentration of home sales occurred in the South, where 210,000 units were sold. Only 40,000 units were sold in the Northeast. Unsold inventory came in at 374,000 [...]

Full post as published by Housing Wire on December 23, 2008 (boomark / email).

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