2011 was the worst year for new home sales since the Census Bureau started tracking sales in 1963. The three worst years were 2011, 2010, and 2009 - and 2008 is also on the worst ten list.Economics, as a branch of the more general theory of human action, deals with all human action, i.e., with mans purposive aiming at the attainment of ends chosen, whatever these ends may be.--Ludwig von Mises
Showing posts with label home sales. Show all posts
Showing posts with label home sales. Show all posts
Friday, January 27, 2012
Home Sales
2011 was the worst year for new home sales since the Census Bureau started tracking sales in 1963. The three worst years were 2011, 2010, and 2009 - and 2008 is also on the worst ten list.Thursday, December 1, 2011
New Home Prices: Average Lowest since 2003

From the Census Bureau: "The median sales price of new houses sold in October 2011 was $212,300; the average sales price was $242,300."The following graph shows the median and average new home prices.
The average new home price is at the lowest level since August 2003.
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