New home prices fall by the largest amount in more than 35 years


Source: http://ap.lubbockonline.com

The median price of a new home plunged in September by the largest amount in more than 35 years, even as the pace of sales rebounded for a second month. The Commerce Department reported that the median price for a new home sold in September was $217,100, a drop of 9.7 percent from September 2005.



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Category: Trends and Predictions

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