Thursday, September 28, 2006

Market Watch - "New home sales rise 4.1% to 1.05 million pace" (9-27-06)

"Median sales price down 1.3%, first yearly decline in three years"

"Sales of new homes unexpectedly increased 4.1% in August to a seasonally adjusted annual rate of 1.05 million from a three-year low in July, the Commerce Department reported Wednesday."

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