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Strategies & Market Trends : The Residential Real Estate Crash Index
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From: patron_anejo_por_favor9/25/2008 10:04:58 AM
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New home sales thermonuclear bad, double digits down with a rise in inventory:

10:00 a.m.Supply of U.S. new homes 10.9 months in Aug. vs 10.3 July
10:00 a.m.U.S. Aug. new-home sales weakest in 17 years
10:00 a.m.U.S. Aug. new-home sales weaker than 505,000 pace expected
10:00 a.m.U.S. Aug. new-home sales down 11.5% to 460,000 pace
10:00 a.m.U.S. Aug. new-home sales down 11.5% to 460,000 pace
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