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24 Mar
15:34

US new residential sales decline from January

Sales of new single-family houses in the US declined significantly from January but remain above pre-pandemic levels, Kallanish reports. In February, sales of new single-family houses were at a seasonally adjusted annual rate of 775,000 units, according to data gathered by the US Census Bureau and the US Department of Housing and Urban Development. This is down 18.2% below January's revised estimate of 948,000 units. However, this is 8.2% above Febru…
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