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25 Nov
18:01

US new home sales down slightly in October

Sales of new single-family houses in the US are down slightly from September to October but remain up on-year, Kallanish reports. In October, sales of new single-family houses were at a seasonally adjusted annual rate of 999,000 units, according to data gathered by the US Census Bureau and the US Department of Housing and Urban Development. This is -0.3% below September's revised rate of 1.002 million units. On-year, sales of new single-family houses are up 4…
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