U.S. new home sales rose a better-than-expected 6.6% in September, but the rise is hardly cause for celebration. Sales remain near a 47-year low, with the sector showing few signs of generating enough demand to vault sales back to normal levels.
Continue reading New Home Sales Edge Higher but Remain at Low Levels
New Home Sales Edge Higher but Remain at Low Levels originally appeared on DailyFinance on Wed, 27 Oct 2010 12:45:00.
Filed Under: Economy, Real Estate