New Home Sales Sink To An All-Time Low As U.S. Housing Woes Continue (00:20:41 min)
This week’s U.S. housing data report negative trends all across the sector. Existing home sales declined 9.6% in February and 33% from their 2005 peak, and sales of new homes dropped to their all-time lowest level. In this podcast, Standard & Poor’s Senior Director Erkan Erturk discusses the latest trends affecting the sector.
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