February 12, 2012

New home sales hit slowest pace on record

New home sales hit slowest pace on record

A sign indicating a new home is available for saleĀ in Miami, Fla. Sales of new homes dropped last month to the slowest pace on record, the latest sign that the economic recovery is fading.Sales of new homes dropped sharply last month to the slowest pace on record, the latest sign that the economic recovery is fading.





United StatesU.S. Housing MarketBusinessUnited States Department of CommerceReal estate