February New Home Sales Fall 10.5% to 1.080M Rate

Ackerman, Andrew
March 2006
Bond Buyer;3/27/2006, Vol. 355 Issue 32347, p2
Trade Publication
The article reports on the decrease of the sales of new single-family homes in the U.S. According to the report conducted by the Department of Commerce, the sales of new single-family homes has declined at about 10.5 percent to a 1.080 million in February 2006. The 1.080 million figure declination has came after a revised 1.207 million estimate in January 2006. Under the report, the data has suggested a steady declination on the housing market, even though existing home sales has rebounded to 5.2 percent.


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