New Single-Family Home Sales Surge

Washington, DC, Feb. 26, 2014 — Sales of new single-family rose 9.6% in January to a seasonally adjusted annual rate of 468,000, the fastest pace in more than five years, according to the Commerce Department.

Economists had expected a January sales rate of 405,000.

December’s original 414,000 was revised higher to 427,000.

http://www.floordaily.net/Flooring-News/New_SingleFamily_Home_Sales_Surge.aspx

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