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IPFS News Link • Housing

New Home Sales Fall To 50 Year Low Of 250,000 (Annualized)

03-23-2011 • ZeroHedge.com

At just 250,000, this was the lowest annualized new home sales number ever. So on one hand you have a TV clown tell you the housing market bottomed in August 2008, on the other you have a pathological tax cheat Welcoming all to the Recovery, and on the mutated third hand (thank you Fukushima), reality continues to indicate that the biggest depression in history persists without abating.

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Reported By Jack Gregson

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