
http://ktar.com/category/local-news-articles/20100924/Economist:-Valley-housing-market-nowhere-near-recovery/#
PHOENIX -- Valley economist Jim Rounds isn't surprised at the Commerce Department's report that news homes nationwide sold at the second-slowest pace on record in August.
Last month's new home sales were unchanged from a month earlier at a seasonally adjusted annual sales pace of 288,000, the Commerce Department said. Sales were down by 29 percent from the same month a year earlier. The only time new home sales were slower was in May.
Click on the link on the right side of the house picture..........
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