Housing Market down 14%

mxmiken
Posts
233
Joined
4/23/2008
Location
Fallbrook, CA, USA
Edited Date/Time 1/20/2012 4:13pm
its about time..housing has been inflated by real estate agents..the market was going nuts..of course it will come down
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mxmiken
Posts
233
Joined
4/23/2008
Location
Fallbrook, CA, USA
5/27/2008 10:52am
it will settle to a level that reflects our current economy..and then it will spring back up..around here housing shot up too much..has to come down
5/27/2008 11:06am
you are trying to pull someone out of hiding with this post.
SteveS
Posts
5598
Joined
8/16/2006
Location
USA
5/27/2008 11:15am
Home sales rise - still near 17-year low
Sales of new homes in April were up slightly from March, but are down 42% from 2007.

By David Goldman, CNNMoney.com staff writer
Last Updated: May 27, 2008: 2:12 PM EDT


New home sales rose unexpectedly in April, but remain near 17-year lows.

NEW YORK (CNNMoney.com) -- New home sales rose unexpectedly in April but remained near historically low levels, according to a key government report on the battered housing market.

April sales came in at a seasonally adjusted annual rate of 526,000, a Census Bureau report showed, up 3.3% from March.

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