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US home prices fall and sales of new homes drop as foreclosures weigh on ... - Washington Post

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US home prices fall and sales of new homes drop as foreclosures weigh on ... - Washington Post
Apr 24th 2012, 18:52


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US home prices fall and sales of new homes drop as foreclosures weigh on ...
Washington Post
WASHINGTON — Rising foreclosures are weighing on the US housing market, reducing prices and keeping new-home sales weak. Foreclosed homes are usually sold at steep discounts, thereby lowering average prices. And by expanding the supply of low-priced ...
Foreclosures squeezing US home prices and salesSan Francisco Chronicle
Home prices lowest since 2002CNN
US New-Home Sales Fall In March; Price Readings MixedFox Business

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