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New Home Sales Tumble in August but Still Top Projections

September 26, 2016 10:03 pm

Sales of new single-family houses in August slipped 7.6 percent, but remain above monthly projections, according to new results from the Commerce Department. Single-family home sales were at a seasonally adjusted annual rate of 609,000, soaring 20.6 percent above the August 2015 estimate of 505,000. So what are homes selling for? According to the study, […]
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