New Home Sales Decline in May
June 25, 2008
New home sales declined 2.5% in the United States in May. This is amidst the announcement by the Fed that they will not be making any adjustment to the interest rates - primarily due to concerns of inflation. Regardless, many markets across the country are showing strong despite the gloomy outlook on a national level. Referring to a real estate professional in your particular locale will help provide guidance for how your local real estate market is fairing.
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