Twitter Feed

Real Estate Events Calendar

<<  May 2012  >>
 Mon  Tue  Wed  Thu  Fri  Sat  Sun 
   1  2  3  4  5  6
  7  8  910111213
14151617181920
21222324252627
28293031   
Economy Watch - New Home Sale Eke Out August Uptick PDF Print E-mail
Tuesday, 29 September 2009 07:21
New home sales were up in August according to the U.S. Department of Commerce, but only by 0.7 percent when compared with July. New-home sales were 429,000 in August, up from 426,000 in July; the August 2009 total was 3.4 percent less than in the same month in 2008. Reportedly economists, as polled by Thomson Reuters, were surprised that sales weren't more robust. But apparently a technical recovery from a recession isn't a terrific impetus to run out and buy a house.




Read Full Article
Comments (0)Add Comment

Write comment
You must be logged in to post a comment. Please register if you do not have an account yet.

busy