WASHINGTON— The government says new-home sales tumbled to a record-low annual pace of 309,000 in January as mounting damage from the collapsed housing market pushes the country deeper into recession. The Commerce Department says that sales fell 10.2 percent to a seasonally adjusted annual rate of 309,000, the worst showing on records going back to 1963.
New-home Sales Tumble To Record Low Pace In Jan.
chron.com Chronicle, Houston Chronicle
Thu, 02/26/2009 - 8:07am
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