ECONOMIC REPORT
Sales of new homes down 21.6% in past year
Inventories of unsold homes rise to 11-year high


http://www.marketwatch.com/news/stor...691%7D&siteid=


Recession will be nasty and deep, economist says
Housing is in free fall, pulling the economy down with it, Roubini argues

http://www.marketwatch.com/news/stor...4D3%7D&siteid=