Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

No sign of recovery for US housing market

Staff Reporter 1 minute read

In yet another blow to the struggling US housing market, new home sales fell to their lowest in 12 years in December 2007.

Data from the US Department of Commerce revealed yesterday that sales of new family homes recorded a seasonally-adjusted 604,000 in the final month of the year, a 4.7 per cent fall from sales in November.

The December figures was also 40.7 per cent below the 1,019,000 estimate of December 2006.

Published: 29-01-08 

 

No sign of recovery for US housing market
default
TheAdviser logo

The not-to-be-missed Accountants Daily Strategy Day will travel through Melbourne and Sydney in August to equip accounting professionals with the latest industry updates and tips for modern practice management as well as the latest cutting-edge technology, processes, strategies and trends shaping the future of accounting. Visit the website for more information: www.accountantsdaily.com.au/strategy-day

default

 

more from the adviser
David Hyman

Breaking News

Brokers promote competition in lending: Lendi

Brokers are driving competition in the mortgages sector and chang...

money au ta

Breaking News

SME fintech closes $25m raise to fund expansion

An SME lender has raised $25 million in equity to fund the ‘rap...

loan application

Breaking News

Hot Property: The biggest property headlines from the week 26 to 30 July

The weekly round-up of the biggest news stories from across Momen...