It’s A New Record!

Heckuva job, Chimpy!

The median price of a new home sold in April plunged 10.9 percent from a year earlier to $229,100. The new price reading was also down 11.1 percent from the March reading.

It was the sharpest year-over-year drop in median new home prices since December 1970 and the biggest month-to-month drop on record.

One thought on “It’s A New Record!

  1. paperpusher says:

    but if you listen to the talking heads it’s just peachy because it means the market can finally start moving some product. they hope.

Comments are closed.

%d bloggers like this: