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IPFS News Link • Economy - Economics USA

October New Home Sales: Lowest Since 1982: Off 40 Percent From 2007

• CalculatedRisk.blogspot.com
Sales of new one-family houses in October 2008 were at a seasonally adjusted annual rate of 433,000. This is 5.3 percent below the revised September of 457,000 and is 40.1 percent below the October 2007 estimate of 723,000.