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Plotlines: Here’s one signal the worst (may be) over in housing market

Started by NaDiNe, April 26, 2008, 10:00:22 AM

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NaDiNe

Plotlines: Here's one signal the worst (may be) over in housing market
      



The latest data  on new home sales paints another grim picture of the U.S. real estate market. The pace of sales of new single family homes and condos fell to its slowest in 16-1/2 years in March.  Inventory of unsold homes would take 11 months to work off at the current rate — [...]
         

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