Thursday, August 23rd, 2007
New Homes “Sold” Is Not The Same As New Homes “Closed”
With tomorrow morning’s New Home Sales report, markets will get a look at the number of newly-constructed homes sold in July.
The figure is expected to be in the 825,000 range. This is lower than June’s 834,000 figure.
But — as always — there is more to the story.
When the Census Bureau reports on New […]
