New-home Sales Fall, 2011 Could Be Worst Year Yet

New-home sales fall, 2011 could be worst year yet

WASHINGTON (AP) -- Sales of new homes fell for the third straight month in July, a sign that housing remains a drag on the economy. If the current pace continues, 2011 would be the worst year for new-home sales in nearly half a century....

Sections:  news   business   
Topics:  2011   economy   housing market   july   new home sales   real estate   
RELATED ARTICLES
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Vanilla Ice charged with burglary in Florida
    Vanilla Ice has been charged with breaking into and stealing from an abandoned home that is in foreclosure in Florida. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
BING NEWS:
  • Hazard ahead: Are cuts at Tesla a warning sign for the EV market in Canada?
    Tesla has hit a series of roadblocks, including increased competition and declining sales. The company announced Monday it is slashing 10 per cent of its global workforce.
    04/16/2024 - 12:46 am | View Link
  • China March new home prices fall at fastest pace since August 2015
    China's new home prices in March fell at the fastest pace in more than eight years, official data showed on Tuesday, underlining frail housing market conditions despite Beijing's continuous efforts to ...
    04/15/2024 - 2:46 pm | View Link
  • Budget 2024 'likely to be the worst' in decades, former BoC governor says
    Without having seen it, former Bank of Canada governor David Dodge believes that Tuesday's 2024 federal budget from Deputy Prime Minister and Finance Minister Chrystia Freeland is 'likely to be the ...
    04/15/2024 - 12:20 pm | View Link
  • E.V. Sales Are Slowing. Tesla’s Are Slumping.
    Ford’s market share jumped to 7.4 percent from 4.2 percent in the past year, making it the second-largest electric vehicle brand in the United States. Ford, however, announced this month that it was ...
    04/15/2024 - 11:03 am | View Link
  • How much Snap pays employees in the US
    Data reveals annual salaries at Snapchat's owner, including engineering, product, research, sales, and other jobs at Snap.
    04/15/2024 - 5:05 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News