Thursday, August 26, 2010

Luxury home prices feeling market’s pain - Birmingham Business Journal
Luxury home prices in San Francisco, San Diego and Los Angeles fell from year-ago levels, and real estate agents think the current quarter could look even worse, according to the First Republic Prestige Home

Sales of new homes have tanked - MSN Money
Pop quiz: How many new homes priced over $750,000 sold in July? The answer is zero -- for the second month in a row. At least, according to David Rosenberg, chief economist at investment firm Gluskin Sheff. That figure

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