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New-home sales fall, 2011 could be worst year yet
Sales fell 0.7 pct. in July.; 2011 shaping up to be worst on records dating back 50 years
Derek Kravitz, AP Real Estate Writer, On Tuesday August 23, 2011, 4:42 pm EDT

WASHINGTON (AP) -- Sales of new homes fell for the third straight month in July, a sign that housing remains a drag on the economy. If the current pace continues, 2011 would be the worst year for new-home sales on records dating back at least half a century.

Sales fell nearly 1 percent in July to a seasonally adjusted annual rate of 298,000, the Commerce Department said Tuesday. That's less than half the 700,000 that economists say represent a healthy market.

Last year, 323,000 homes were sold -- the worst year on records that go back to 1963...................>>>>.....................>>>>..................http://finance.yahoo.com/news/Newhome-sales-fall-2011-could-apf-3845011766.html?x=0

turn them into habitats for humanity, give them away and then tax the freakin' hell out of them......dontcha just love free sh!t.....

where is Tonko on this future outlook and planning? oh yeah,,,empathising.....