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« New-home sales down 20% in West from July to August | Main | KB Home posts quarterly loss »

28 September 2007

New homes sales in the U.S. dip to lowest level in seven years

New home sales decreased in August to the lowest levels in seven years, according to the U.S. Census Bureau.

New home sales came in at 795,000 units in August down from 1 million in August 2006 and 867,000 in July 2007, according to the federal statistics. More...

Posted on 28 September 2007 at 10:14 AM in National |

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    The Arizona Real Estate Informer blog was created to inform people about real estate issues in Arizona, as well as national issues that involve Arizona. This blog will cover all aspects of real estate, and will be the go-to source for industry related information.