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 | Dennis Norman This morning the U.S. Department of Commerce released a report showing the sale of New Homes in July were at a seasonally adjusted annual rate of 433,000,a 9.6 percent increase from June and makes the fourth consecutive month of new home sales increases. The Northeast region saw the biggest monthly [...] By:Dennis Norman Dennis Norman The new home market continue to shows some life coming back to it which should be encouraging news to investors. This morning the U.S. Department of Commerce released a report showing the sale of New Homes in June were at a seasonally adjusted annual rate of 384,000,an 11% increase [...] By:Dennis Norman This morning the U.S. Department of Commerce released a report showing the sale of New Homes in January was down 10.2% from December and down over 48% from a year ago. Prices on new homes continue to drop as well. The median price for January was $201,100,down 2.6% from Decembers [...] | ||||
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