new home sales extend deep slump

Not very good news at all!

When will things start picking up?!!!

Australia 2011
New home sales extend deep slump
http://www.theage.com.au/business/new-home-sales-extend-deep-slump-20110829-1jh9v.html

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Thought I would include this US article from 2006

US 2006
Home prices: 1st drop in 11 years
Sales slow, prices hit by second biggest year-over-year drop on record; surge of homes for sale seen keeping prices weak."

http://money.cnn.com/2006/09/25/news/economy/homesales2/index.htm