A strong job market and low long-term interest rates fuel a great start to the housing industry for this year. Sales of new homes have reached the highest level this year, according to the Census Bureau. Economists expect 2006 to continue to be a strong year for housing.
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Tag Archives: New Home Sales
New Home Sales for 2006 Look Good
Though new home sales dropped in November, long-term interest rates are still low historically. Strong employment continues to fuel new housing and the future looks bright.
New Home Sales up 4% in June 2005
The U.S. Census Bureau and the Department of Housing and Urban Development (HUD) reports new home sales have risen in June. Find out how this affects mortgage rates and what this means for the housing market.
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