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Sales of new American homes plunged in February to the fewest on records dating back nearly half a century, a dismal sign for an already-weak housing market.4 J7 ~! i8 u: Z
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The Commerce Department said Wednesday new home sales fell 16.9 per cent last month to a seasonally adjusted annual rate of 250,000 homes. It's the third straight monthly decline and far below the 700,000-a-year pace that economists view as healthy.7 P/ K1 k2 _# u. B
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The median price of a new home dropped nearly 14 per cent to $202,100, the lowest since December 2003. New home prices are now 30 percent higher than of those being resold.8 U% }5 r! l0 I% j- t' k+ u
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Builders have struggled to compete with a wave of foreclosures that has lowered the price of previously occupied homes. High unemployment, tight credit and uncertainty over prices have also kept many potential buyers from making purchases. |
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发表于 2011-3-23 09:39
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