Home > News > Industry News > New-home sales decline 12.6 percent in January

New-home sales decline 12.6 percent in January

Post Time:Mar 02,2011Classify:Industry NewsView:95

Sales of newly built, single-family homes declined 12.6 percent to a seasonally adjusted, annual rate of 284,000 units in January, according to newly released figures from the U.S. Commerce Department. The decline largely offsets a big gain in sales activity that was recorded in the previous month due partly to an expiring tax break in California, according to a Feb. 24 NAHB report.

Read full article

Share this article:

Source: http://www.glassmagazine.com/news-item/commercial/new-home-sales-decline-126-percent-january-117686Author:

Hot News