Big Drop for Northeast Housing ; Fewer Buyers for New Units
The Record, Bergen County, NJ › March 04, 2008
Linked as:
Summary
WASHINGTON Sales of new homes in the Northeast fell 10.3 percent last last month, the biggest regional drop in the nation, the Commerce Department reported Wednesday.
Nationally, sales of new homes fell by 2.8 percent in January, pushing activity down to the slowest pace in nearly 13 years. The median price of a new home dropped to the lowest level in more than three years.See the full content of this document
Extract
Big Drop for Northeast Housing ; Fewer Buyers for New Units
Homes sold at a seasonally adjusted annual rate of 588,000 units, the slowest pace since February 1995. The median price of a new home dropped to $216,000 in January, down 4.3 percent from the December median sales pr...
See the full content of this document
Sponsored links
