"2011 was the worst year for new home sales since the Census Bureau started tracking sales in 1963. The three worst years were 2011, 2010, and 2009 - and 2008 is also on the worst ten list. Although sales will probably increase in 2012, this year will probably be high in the list too.
The following graph shows existing homesales (left axis) and new home sales (right axis) through December. This graph starts in 1994, but the relationship has been fairly steady back to the '60s..."
at http://www.calculatedriskblog.com/2012/01/2011-record-low-new-home-sales-and.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CalculatedRisk+%28Calculated+Risk%29
| Ten Worst Years for New Home Sales since 1963 | |
|---|---|
| Year | Sales (000s) |
| 2011 | 302 |
| 2010 | 323 |
| 2009 | 375 |
| 1982 | 412 |
| 1981 | 436 |
| 1969 | 448 |
| 1966 | 461 |
| 1970 | 485 |
| 2008 | 485 |
| 1967 | 487 |
The following graph shows existing home
at http://www.calculatedriskblog.com/2012/01/2011-record-low-new-home-sales-and.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CalculatedRisk+%28Calculated+Risk%29
