The real estate market for new home sales continued it slow pace. The commerice department reported today that sales on new homes dropped .6% to an annual rate of 342K. In a year over year perspective we are down some 33%. Economist had estimated sales of 360K so this number was disappointing.
Tampa Real Estate Market View 6/24/2009 – New Home Sales
June 24, 2009by Cristan Fadal