New home sales drop as recovery teeters

Courtesy MSNBC.com: Business  Wed, 12/23/2009 - 11:15

 New home sales fell 11.3% in November.<br /><br />CNBC's Diana Olick has the details. (CNBC)The housing market is in the midst of a rocky recovery, but it’s too soon to declare the end of one of the worst slides since the Great Depression.



 

Related items

New-home sales fell 1 percent in June
Fewer people bought new homes in June, evidence that the housing market remains weak.

New-home sales plunged in February to record low
Sales of new homes plunged in February to the slowest pace on records dating back nearly half a century, a dismal sign for an already-weak housing market.

New Home Sales at Record Low
The housing market was dealt another blow Wednesday, with sales of new, single-family homes falling to the lowest level on record last month.

The Forgotten Man: A New History of the Great...
In The Forgotten Man, Amity Shlaes, one of the nation's most-respected economic commentators, offers a striking reinterpretation of the Great Depression. She traces the mounting agony of the...

Panasonic Dect 6.0 Expandable Silver Digital Cordless...
DECT 6.0 TECHNOLOGY EXPANDABLE UP TO 6 HANDSETS ALL DIGITAL ANSWERING SYSTEM WHITE BACKLIT LCD ON HANDSET CALL WAITING CALLER ID WITH TALKING CALLER ID UP TO 4-WAY CONFERENCE CAPABILITY NIGHT...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com