November 2007 - Sales of new single-family homes fell 9% (from October), to12-year low, seasonally-adjusted annual rate of 647,000; down 53.4% from high of 1.39 million in summer 2005 (steepest peak-to-trough decline since 1982), slowest pace since April 1995 (pace of 621,000); since 2006 - new-home sales nationwide down 34.4%, biggest year-to-year decline since early 1991; median sales price of new home dipped to $239,100, down 0.4% from year ago; S&P/Case-Shiller® Home Price Indices in 20 broad metropolitan areas of U.S. (measured since 1987), showed price declines in every market for two months (September, October) for the first time ever.
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