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STATE OF PLAY: The Great Housing Slump

While gas prices continue to soar through the roof, the sale of new homes is steadily dropping -- hitting the lowest point since the 1990’s. Starbucks is not

Paula M. Graham
News
Last updated: Jul 31, 2020 | Apr 25, 2008

While gas prices continue to soar through the roof, the sale of new homes is steadily dropping — hitting the lowest point since the 1990′s. Starbucks is not the only thing people are having to cut back on buying, they are cutting back on buying houses too. The following headlines below all shouting about the economic crisis our country is currently experiencing that has gas and food (some stores have a limit on how much jasmine, basmati and long-grain rice customers are allowed to purchase)

Here’s our latest installment of "State of Play," a look at how a major story of the day is being played on the Web and in print:

New Home Sales Plunge to Lowest Level in 16 1/2 Years (The Washington Post)

New-home sales plunge (USA Today)

New-Homes Supply Builds, Durable Goods Orders Slide (The Wall Street Journal)

New-Home Sales Fall to Low Last Seen in 1990s (The New York Times)

New Home Sales Plunge to Lowest Level in 16 1/2 Years (New York Post)

Existing Home Sales Fall in March (The Chicago Tribune)

New Home Sales Fall 8.5% in March (Fox)

Housing Freefall: New HOme Sales Plunge to 16-Year Low (ABC)

Paula M. Graham | Paula is a writer and editor who works as a freelancer. She covers subjects such as banking, insurance, and digital marketing in his writing. Paula is a bookworm who also enjoys podcasts and freshly made coffee.

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