It was announced this week that, despite the steady increase in inventory, new home sales continued to fall through June and July. New home sales fell 22% in June 2007 from the level they had been at in June 2006. Meanwhile, the average new home price rose 3.7% over the previous year's average.
Read the full article to learn more about how this change in the market affects the overall economy.
This is a great time to consider purchasing a new home in the Huntsville AL area there is plenty of inventory and prices are negotiable.
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