Home Sales Down in October
Sales of new one-family houses in October 2008 were down 5.3 percent. This is a seasonally adjusted annual rate of 433,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
WASHINGTON — Sales of new one-family houses in October 2008 were at a seasonally adjusted annual rate of 433,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 5.3 percent (±15.0%)* below the revised September of 457,000 and is 40.1 percent (±9.9%) below the October 2007 estimate of 723,000.
