US Housing Market Update

by Marquette Turner on October 30, 2008

in Money & Business, Real Estate Radar

Here’s some quick statistics on the current state of the US housing market:

  • Foreclosure-related sales now account for up to 40% of all sales of existing US homes
  • The median sale price for a new home has fallen from $US220,400 to $US218,400
  • Home sales are down 33.1% in the past year

                 Simon Turner

FYI: Use the currency conversion facility

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