The Real Estate Pulse » New Home Sales http://therealestatepulse.net The Heartbeat Of The San Fernando Valley Real Estate Market Thu, 18 Sep 2008 13:31:53 +0000 http://wordpress.org/?v=2.8 en hourly 1 New Home Sales Lowest Since 1991 http://therealestatepulse.net/new-home-sales-lowest-since-1991/ http://therealestatepulse.net/new-home-sales-lowest-since-1991/#comments Thu, 24 Apr 2008 16:08:58 +0000 TREP http://therealestatepulse.net/?p=5 Yet Another Related Posts Plugin.]]> Sales of new homes dipped to a level in March that has not been seen since 1991 and the inventory of homes for sale has hit a three-decade high…

Single-family home sales dipped 8.5% last month – the lowest level since October 1991. Economists had only expected a dip of about 1.9%.

Sales of pre-owned homes also fell 2% in March…

More bad news for March: the median price for a new home fell 13.3% to $227,000.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

]]> http://therealestatepulse.net/new-home-sales-lowest-since-1991/feed/ 0