New Home Sales Report shows weak U.S real estate market

New home sales for the whole of United States is down -8.3%(comparing July to August), twice what was expected.  General market is still in a downward trend friends.

According to Briefing.com, 'Power came from the South and West.  Gains in the smaller Northeast and Midwest'  I am not sure what they mean when they say 'power' I am assuming that it's negative. 

Pardon me for the scattered presentation of market data in this blog (Both local and national) We are aware of this and are about to make some positive changes.  We are currently in the process of adapting a system where we can have a type of schedule where Readers can expect  when the new statistics will come out. Ex:  Reno-Sparks Existing home sales data to be released in Oct 30, 2007.

Our goal is to have more consistency in presentation of data and preparation of graphs.  I am deeply excited about the revisions.