U.S. New Homes Sales Plummet 8.5% in March to Lowest Level Since 1991

U.S. New Homes Sales Plummet 8.5% in March to Lowest Level Since 1991http://www.mortgagenewsdaily.com/4242008_New_Home_Sales.aspNew home sales in the U.S. were down for the fifth consecutive month in March, falling by 8.5% to 526k, much lower than the 580k level expected by economists, and setting a new low since October 1991 . Inventories soared from already-worrying levels.enCommunityServer 2008 SP2 (Build: 31106.96)