New home sales

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New home sales

Post  Pez on Fri Apr 23, 2010 5:01 pm

the largest jump in 47 years...

Here's a couple sources...

http://money.cnn.com/2010/04/23/news/economy/new_home_sales/

http://www.foxnews.com/us/2010/04/22/home-sales-rise-expected/


Side note... I was amazed at how hard I had to look to find this story on Fox...

Pez
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Re: New home sales

Post  Scooby01_98 on Fri Apr 23, 2010 5:07 pm

Wonder how much of it is from the federal rebate that is ending this month. Will be interesting to see May and Junes figures without the rebate.
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Re: New home sales

Post  Pez on Fri Apr 23, 2010 5:51 pm

hard to say, but the US median home price is $180,000... the credit is 6,500... that's $165,000 into the economy...

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