From Yahoo Finance.
Steve will probably say George Bush was alive in 1963. It's his fault. I'm sure glad Congressman Kagen is working hard for us.
"New home sales drop to lowest level on record in May after federal homebuyer tax
Alan Zibel, AP Real Estate Writer, On Wednesday June 23, 2010, 10:05 am
WASHINGTON (AP) -- Sales of new homes collapsed last month, sinking 33 percent to the lowest level on record as potential buyers stopped shopping for homes once they could no longer get government incentives.
The Commerce Department says new home sales fell in May from a month earlier to a seasonally adjusted annual sales pace of 300,000. That was the slowest sales pace on records dating back to 1963."
New home sales plunge 33 pct with tax credits gone - Yahoo! Finance
Steve will probably say George Bush was alive in 1963. It's his fault. I'm sure glad Congressman Kagen is working hard for us.
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