Posts Tagged ‘national association of home builders’


New Home Sales Plunge 33%

With tax credits gone, new home sales plunged 33% in May to a seasonally adjusted annual sales pace of 300,000, dropping to the lowest level on record since 1963. It also was the largest monthly drop on record. Since the peak in July 2005, new home sales have now sunk 78 percent from their high. The […]

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