Housing Mortgages Information

New Home Sales Plunge 10.2%, Beyond Expectations

February 26, 2009 – 7:35 am New home sales in the U.S. fell much more than expected in January, the Department of Commerce reported Thursday. Meanwhile, the median sale price fell to $201,100. New home sales fell to an annualized pace of 309k, a 10.2% decline from December, the...(read more)