Data on mortgage applications for purchase and new and existing home sales attested to a striking contraction in housing market activity. And eventually prices began to follow.
抵押贷款购买申请数和新的房屋以及现存房屋的数据表明房地产市场活动大幅度收缩，并且最终价格接着下跌。
Investors are also apprehensive ahead of a report later Wednesday on new home sales, following a a report Tuesday that sales of existing homes fell sharply last month.
继周二公布报告显示上个月美国二手房销售额急剧下降后，投资者对周三出炉的新房销售报告感到忧虑不安。
Across America, existing-home sales were down by 11.5% in the year; those of new properties were down by a quarter.
全美二手房销量今年下降了11.5%，而一手房销量下降了25%。
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