U.S. New-Home Sales to Drop 12% in '09, MBA Forecasts (Update1) (Bloomberg)
Oct. 22 (Bloomberg) -- U.S. new-home sales will fall 12 percent next year as single-family housing starts drop by a record in a recession that could last through the first half of 2009, Mortgage Bankers Association Chief Economist Jay Brinkmann said.
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Oct. 22 (Bloomberg) -- U.S. new-home sales will fall 12 percent next year as single-family housing starts drop by a record in a recession that could last through the first half of 2009, Mortgage Bankers Association Chief Economist Jay Brinkmann said.
Read More.. and DISCUSS