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ID: 30261
Title: Yahoo! News: Economy News Yahoo! News Sales of new homes fall sharply (AP)
Description: Economy News

Steven Jennings mixes mortar at a new home construction site in Sherwood, Ark., Monday, March 26, 2007. The Commerce Department reported Monday that sales of new single-family homes fell by 3.9 percent last month to a seasonally adjusted annual rate of 848,000, the slowest sales pace in nearly seven years. (AP Photo/Danny Johnston)AP - Sales of new homes fell for a second consecutive month in February, dimming hopes for a rebound soon in the troubled housing market and raising fears about the health of the overall economy.


Category: Business/US Economy/
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Date Added: March 26, 2007 10:25:58 PM
Number Hits: 0