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New & Existing Home Sales Drop along with U.S. Average Price

August 19, 2011

in This Week in Real Estate | Tagged , , , ,

When it comes to sweet mortgage deals, if you are hunting for a brand new home, chances are they are diminishing in numbers, albeit slowly. The U.S. Commerce Department said Tuesday that new housing starts slid 1.5 percent in July to an annualized rate of 604,000 units, compared with 613,000 the previous month. It’s a […]