Economics, Finance & Investments (RETIRED BLOG)

A forum for discussing financial economics, structured finance and investment management

Thursday, October 26, 2006

Home prices plunge by most in 35 years

The Commerce Department reported that the median price for a new home sold in September was $217,100, a decline of 9.7% from September 2005.
ALD at 9:59 PM No comments:
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ALD
I'm a veteran of two careers - high school math and physics teacher, retirement consulting actuary - who is now enjoying the pleasure of staying at home for my daughter. (My avatar is in honor of Will Durant, whom I consider the last true sage.)
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