New Home Sales Plunge In March

April 23, 2014
By Knowledge Leaders Team in Uncategorized

New home sales dropped by 14.5% in March and are now down over 13% year-over-year. All four regions are now negative on a year-over-year basis. Meanwhile, median price rose over 11% to a all-time new high of $290K as months’ supply spiked to its highest level since October 2011.

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