New Home Sales Hit Record Low

By on February 26, 2010

Sales of new homes in January hit an annual rate of 309,000, which is a record low. On this backdrop, Felix Salmon believes the stage is set for another leg down in housing prices as underwater homeowners skyrocket.

Sources: Bespoke Investment Group
Reuters
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One Comment

  1. オテモヤン

    February 26, 2010 at 10:11 am

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