The Commerce Department announced today that new-home sales in the U.S. fell 12.4 percent month to month in July, the slowest sales pace on record since 1963! Alas, if you were hoping to use the dire housing market as an excuse to move to a more spacious New York City apartment, that's still not your best bet, because there's "a stark contrast" between New York City, where the unemployment rate has slowly fallen, and the rest of the nation, where it really hasn't. In fact, Manhattan sales activity and home prices are actually "up sharply" from a year ago, and Brooklyn has seen a steady rise, too. But we hear houses in Midwestern states are scary cheap right now, if you were looking to skip town for good. [NYDN, WSJ]
Most Viewed Stories
Romney Is Horrified by Trump — and That’s Restarting ‘Mitt 2016’ Talk
Surprise! Good Things Can Come From Awkward, Weird Sex
Every Netflix Original Series, Ranked
What’s New on Netflix: September 2015
How We Are Your Friends and Other August Flops Were Maimed by Bad Marketing
The Man Deciding Whether to Cheat on His Sexless Relationship
Trump vs. Everybody Is the New McCain vs. Bush
Ask Polly: How Do I Help My Selfish, Depressed Friend?
Emma Thompson’s Wonderful Thoughts on Feminism, Ageism, Trump, and Teapots
Game of Thrones Has Reportedly Found Its Euron Greyjoy
Latest News from Daily IntelligencerThousands of Migrants Are Protesting Outside a Train Station in Hungary, As Europe’s Crisis Keeps Getting Worse [Updated]
Just one more volatile front.Judge Lets Marilyn Mosby Stay on Freddie Gray Case
The judge also denied a motion to dismiss charges against the Baltimore police officersObama Now Has Enough Votes to Get a Big Iran Deal Win [Updated]
On Wednesday, Barbara Mikulski became the 34th senator to support the nuclear agreement.New Yorkers Only Need to Wait a Half-Century for Subway Stations to Be in Great Shape
The wait will be over before you know it!California Is Curbing Solitary Confinement. That’s a Great Sign for America’s Prison System.
Long-term isolation will no longer be used as a method of social control.De Blasio Says NYC Won’t Go Back to ‘Bad Old Days’ As New Problems Greet Homeless Crisis
A roundup of de Blasio's reaction to the homeless problem this summer — and his critics' reactions to his reaction.Trump vs. Everybody Is the New McCain vs. Bush
The GOP's don't-tax-the-rich monopoly breaks open for the first time in 16 years.Rikers Inmate Beaten by Guards in 2012 Reportedly Gets 6-Figure Settlement
According to the New York Post, an official said it “was in the city’s best interest.”Los Angeles Is in the Running to Host the 2024 Olympic Games
Now that Boston has dropped out.Obama Only Needs One More Vote to Secure the Iran Deal
Two Democratic senators said they’ll vote in favor of the agreement.
Instead he’ll probably just wait out the statutes of limitations.On Abortion, Pope Francis Undertakes a Revolutionary Act of Compassion
The pope's incredible act of mercy also represents a more inclusive future for the Catholic Church.CNN Changes Debate Criteria, Giving Carly Fiorina a Spot on the Main Stage
And making the next “kids’ table” even duller.New Jersey Day-Care Staff Accused of Running a Fight Club
Two women have been charged with child abuse after being accused of instigating fights among 4- to 6-year-old kids.Poll: 61 Percent of Trump Supporters Are Birthers
And the Donald is still well ahead of any other Republican candidate, though Ben Carson is on the rise.Romney Is Horrified by Trump — and That’s Restarting ‘Mitt 2016’ Talk
“Mitt wants to run. He never stopped wanting to run,” says a senior member of his 2012 team.The Popemobile Will Now Be Cruising Through Central Park
New Yorkers can win tickets via a lottery to see Pope Francis there September 25.What It Was Like to Do a Flyby of Pluto
Whoa.The ‘Taxi of Tomorrow’ Is Now Officially the Taxi of Today
Most yellow-cab owners in New York are now required to upgrade to the boxy Nissan NV200 when replacing their older vehicles.8 Ways Scott Walker Revealed His Pure Love of Reagan
Takeaways from a revealing interview.