In the News – New Home Sales Hit Highest Level in a Decade

In the News – New Home Sales Hit Highest Level in a Decade

Washington, DC, November 27, 2017- New home sales rose 6.2% to a seasonally adjusted annual rate of 685,000 in October, according to the Commerce Department.

This is the highest level since October 2007 and followed September’s slightly downwardly revised sales pace of 645,000 units.

New home sales have now increased for three straight months.

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