With home sales plunging to their lowest level in 15 years, economists warn that a double-dip in housing prices is just around the corner, threatening to further slow the overall recovery.
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Plunging home sales could sink recovery
Aug 24
Jul 26
New home sales rebounded in June from the record low hit the previous month but remained sluggish.
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New home sales rebound 24%
Jul 01
The experts expected home sales to drop once the homebuyer tax credit lapsed at the end of April, but the depth of the decrease was shocking.
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Pending home sales ‘fell off a cliff’
Nov 25
New home sales spiked in October, one month after declining unexpectedly.
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New home sales spike in October
Nov 23
Existing home sales surged in October to the highest level in more than 2-1/2 years, according to a real estate industry report issued Monday.
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Existing home sales at highest level since 2007
Nov 13
Propelled by the first-time homebuyers tax credit, nearly half of home sales are now being made by first-time purchasers, according to an industry report released Friday.
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First-time homebuyers leading market back
Jun 19
