New home sales fall a surprising 3.6 percent - Yahoo! News

New home sales fall a surprising 3.6 percent - Yahoo! News: "The report 'demonstrates the power of the first-time homebuyers tax credit,' said Bernard Markstein, senior economist with the National Association of Home Builders, which has been lobbying Congress to extend and expand the tax incentive. 'We just haven't gotten the economy back to the point where we can step back and say the housing market doesn't need any more support.'" "We just haven't gotten the economy back to the point where we can step back and say the housing market doesn't need any more support." I thought we were in a recovery? That's what I hear all the time (and have since at least June).