The Commerce Department says Friday that new-home sales rose 1.6 percent last month to a seasonally adjusted annual rate of 315,000.
However, that’s less than half the 700,000 new homes that economists say should be sold to sustain a healthy housing market. And It’s also below the 323,000 homes sold last year — the worst year for sales on records dating back to 1963.
With this sluggish trend of new home sales going on, the year of 2011 will likely be worst year on record.
And of course, in this environment, it is very hard to sell your house now.
However, there is always a way to sell your property for Cash Fast. For more information, please visit our main website.
No comments:
Post a Comment