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Economic Report: New home sales decline, surprising analysts, even though the inventory of properties for sale has hit the highest level since 2008

The average sales prices for a new home sold in February was $511,000.

Previous post : Fed official doesn’t think housing market is headed for a crash: ‘I am trying to buy a house here in Washington and the market is crazy’
Next post : Fighting escalating gas prices: California Gov. Gavin Newsom proposes $400 for households with one car and $800 with two cars. Other states suspend their gas tax.

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