New Home Sales Plunge, CNBC Real Estate Reporter Calls Double Dip in Housing

posted on March 23rd, 2011 filed under: Real Estate Market Data, Real Estate News

Today’s disastrous numbers from the Census Bureau on the number of contracts signed in February to purchase new homes in the U.S., combined with other recent data showing renewed weakness in housing, led CNBC’s real estate reporter Diana Olick to officially call this a double-dip in housing.

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posted by // This entry was posted on Wednesday, March 23rd, 2011 at 11:49 am and is filed under Real Estate Market Data, Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed.

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