2009-03-25 — calculatedriskblog.com
The Census Bureau reports New Home Sales in February were at a seasonally adjusted annual rate of 337 thousand. This is slightly above the record low of 322 thousand in January.
This is a another extremely weak report. Even with the small increase in sales, sales are near record lows. And months of supply is also just off the record high. I'll have more on new home sales later today ...
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