Thursday, May 26, 2005

Despite an annual record, sales of new homes stall

Martin Crutsinger, Associated Press February 1, 2005 ECONOMY0201 WASHINGTON, D.C. -- Sales of new homes rose to an all-time high in 2004, the fourth straight annual record. But activity in December barely budged after a big drop the previous month, suggesting that the nation's red-hot housing market finally might be cooling. The Commerce Department reported that sales of new single-family homes climbed 8.9 percent for all of 2004 to a record high of 1.18 million, up from 1.09 million in... more...

FSBO Real Estate
Originally Posted on 5/26/2005 4:39:49 AMContent source: http://www.minnesotas-real-estate.com/blog/000089.php

0 Comments:

Post a Comment

<< Home