New home sales were down 11% in November, the biggest drop in ten years. The number of homes for sale rose 3% to a 4.9 month supply, the highest since December 1996. Is this the beginning of the end? Read the story at the New York Times.
New home sales were down 11% in November, the biggest drop in ten years. The number of homes for sale rose 3% to a 4.9 month supply, the highest since December 1996. Is this the beginning of the end? Read the story at the New York Times.