Friday, September 08, 2006

Real Estate Journal - "Home Builders See Weak Results As the Housing Market Slows" (9-8-06)

"New home sales this year are expected to fall 16.1% to 1.08 million and existing home sales to dip 7.6% to 6.54 million, as the market works through an inventory backlog, according to the National Association of Realtors. NAR's latest projections released Thursday also have housing starts dropping 9.6% to 1.87 million."

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