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- New Home Inventory and Cancellations
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Inventory numbers from the Census Bureau do not include cancellations - and although cancellation rates are still above normal, the rate has declined from the record levels of last year. As examples, D.R. Horton reported a cancellation rate of 33% for the most recent quarter, down from 48% in the Fall of 2007. And Centex r…
Original Source: feeds.feedburner.com/CalculatedRisk
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6 May, 2008| housingblogs |
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