Friday, September 24, 2010

August new home sales second slowest on record

The Commerce Department says last month's new home sales were unchanged from a month earlier at a seasonally adjusted annual sales pace of 288,000. Sales were down by 29 percent from the same month a year earlier.
The only time sales were slower was in May, when the sales pace was 282,000, the worst on records dating back to 1963. July's results had been the worst on record, but were adjusted upward.
I think the figures speak for themselves.

1 comment:

  1. Nice, I think during this month I will buy a new homes. I wish that KB Homes will low their price on their new homes since their homes are nice and have a good quality materials that they used.