Sales of new homes collapsed in May, sinking 33 percent to the lowest level on record as potential buyers stopped shopping for homes once they could no longer receive government tax credits.
New Home Sales And Change YOY, SA:
It's hard to be bullish on real estate when real gold adjusted home prices continue to decline.
Mediam Home Price to Gold Ratio (MHPGOLDR) And YOY Change:
Source: news.yahoo.com
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