Huge Thud in New Home Sales, Down 12.2 Percent in November

Huge Thud in New Home Sales, Down 12.2 Percent in November

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Home builders finally ran out of incentives or consumers finally got fed up with what they are getting for their money. Here’s the result in pictures. New home sales from Census Department, chart by Mish Let’s review the November Census Bureau report on New Residential Construction. • New Home…

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