New-Home Sales Tumble 8.3% As Prices Decline More Than 7%

Story date: 2007-09-27 03:16:00
Added on: 2007-09-27 23:00:19

Wall Street Journal - The level of 795,000 was the lowest since 793,000 in June 2000. Year-to-year, new ... Tightening of lending standards and troubles in the mortgage market have made it more ... in pushing central bank to act sooner, rather than later in easing interest rates. ...


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