new home saleshome suppl and demandmassapequa homes for saleamityville real estatelong isalnd homes for sale: New Home Sales Fall To All-Time, Recorded Low. Maybe.
- 03/24/11 07:51 AM
Sales of newly-built homes plunged 17 percent to an seasonally-adjusted, annualized 250,000 units in February, and the supply of new homes rose to 8.9 months in February — a 1.5 month jump from January. It’s the lowest New Home Sales reading in recorded history, according to the Census Bureau, and the third straight report to signal that home values may be slow to rise in Massapequa, Amityvile, Long Island and nationwide this season. Earlier this week, the National Association of REALTORS® reported Existing Home Sales down 10 percent from February, and the Federal Home Finance Agency said home values slipped 0.3 percent … (0 comments)
Sales of newly-built homes plunged 17 percent to an seasonally-adjusted, annualized 250,000 units in February, and the supply of new homes rose to 8.9 months in February — a 1.5 month jump from January.
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