Posts Tagged ‘ housing/remodeling news ’

New Home Sales Remain Flat while Remodeling Slows

Aug 2nd, 2011

Sales of newly built, single-family homes declined 1 percent to a seasonally adjusted annual rate of 312,000 units in June, according to figures released last week by the U.S. Commerce Department. “June’s sales numbers illustrate how the fledgling housing and economic recovery go hand-in-hand,” said NAHB senior economist Robert Denk. “Improving confidence in the broader […]