Getting worse:

September New Home Sales: Lowest September Since 1981

According to the Census Bureau report, New Home Sales in September were at a seasonally adjusted annual rate of 464 thousand. Sales for August were revised down slightly to 452 thousand.

Note that the most recent wave of the credit crisis started in mid-September. Since New Home sales are reported when the contract is signed, September sales were only partially impacted by the credit crisis.

Yet as Dean Baker points out, Wall Street folks a=only want a bailout for themselves.