tag:blogger.com,1999:blog-4252016424756731977.post7621702767008577854..comments2023-09-26T07:45:26.448-07:00Comments on Be Your Own Economist ®: Home Sales Down: What Will Drive the Economy?Be Your Own Economist (R)http://www.blogger.com/profile/10871255755167172509noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4252016424756731977.post-21291537069413609792011-05-09T23:18:56.156-07:002011-05-09T23:18:56.156-07:00The situation in March was different; the report f...The situation in March was different; the report from Census Bureau shows that Sales of new single-family houses in March 2011 were at a seasonally adjusted annual rate of 300,000. This is 11.1 percent (±21.7%)* above the revised February rate of 270,000, but is 21.9 percent (±10.3%) below the March 2010 estimate of 384,000.<br />Few years ago, Biotechnology was thought to be played a significant role in the economic future. But there is no sign that this technological age is coming, that means the economy can’t drove up quickly without the recovery of housing market. Now the relative high unemployment restricted the development of home sales, so the most important thing is improve the employment rate then stimulate the housing market, let them drive the economy back.zhonglinhttps://www.blogger.com/profile/16423397308731060489noreply@blogger.com