You may have heard reports that New Home Sales took a plunge for the month of May.
But what does this mean? For one opinion on interpreting the numbers, check out this article.
http://abcnews.go.com/GMA/MellodyHobson/drop-home-sales-benefit-home-buyers-mellody-hobson/story?id=10997259
It is essential to look past the headlines and into the details in order to get an accurate picture of the housing market.
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