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IPFS News Link • Housing

New Home Sales Fall 21Percent: MSM Spins a Web of Lies

07-27-2009 • Ritholtz.com/blog & CalculatedRisk.com

If New Home Sales are so strong, then can anyone explain why prices are still plummeting? Median home prices dropped 12% year-over-year, and 5.8% from the prior month. The MSM will never show you this chart!

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Reported By Jack Gregson

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New Home Sales Fall 21Percent: MSM Spins a Web of Lies

FreedomsPhoenix.com