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market trends

Today we have this article from the Washington Post: New Home Sales Plunge to Lowest Level in 16 1/2 Years The median price of a new home in March, compared with a year ago, fell by the largest amount in nearly four decades. The Commerce Department reported Thursday that sales of new homes dropped by [...]

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WASHINGTON, March 26 – Sales of new single-family homes fell by 1.8 percent in February to a seasonally adjusted annual rate of 590,000 units, according to newly released numbers from the U.S. Commerce Department. This sales pace was nearly 30 percent below a year earlier and down by 58 percent from the peak in July [...]

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