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New Home Prices

NEW HOME PRICES PLUNGE, SALES SOAR

A big drop in the price of the typical new home sold in April spurred much better-than-expected sales, according to the latest government reading on the battered real estate and home building market released Thursday.
Ref. https://money.cnn.com/2007/05/24/news/econo...sales/index.htm

Prices Home New

U.S. TREASURY SECRETARY CALLS FOR URGENT ACTION ON HOUSING CRISIS

U.S. Treasury Secretary Henry Paulson called Tuesday for an aggressive response to deal with an unfolding U.S. housing crisis that he said presents a significant risk to the economy.
Ref. https://www.cbc.ca/story/money/national/200...16/paulson.html

New Home Prices History & Civil Business Politics

Boston Fed's Rosengren Surprised Housing Market Hasn't Bounced

Speaking in an interview with Bloomberg, Boston Fed President Eric Rosengren expressed surprise that the U.S. housing market had not begun to show signs of recovery as of yet.
Ref. https://www.mortgagenewsdaily.com/472008_Bo...Fed_Housing.asp

Prices Home New

Hello! Why are they surprised? You talk to most people on the streets and they are still having a hard time making ends meet with the cost of oil going through the roof it is only going to get worse. Hopefully we will see a recovery somewhat before the end of this year.

Prices Home New

I agree no shock here I just fear we will follow suits. Though the experts predict Canada is going to big less hard but for a longer duration then the stats. Us 2 years the stats one. I think it will be longer though with the cost of oil and food being unstable.

New Home Prices

I am seeing a lot more homes for sale in recent weeks but I do not see many actually selling or being bought.

New Home Prices

I am waiting, in my area as 3 just listed....Laster year a 2 week turn around was easily done.