Nearly 9-Year High for New Home Sales

For the second month in a row, the volume of new homes sold was the greatest it’s been in over eight years. The Northeast led the gain.

Home buyers purchased 57,000 new houses during July — the most new residential properties sold during any month since October 2007.

During the previous month, sales of newhomes were a downwardly revised 53,000, while the total was 43,000 in the same month last year.


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From:: Financing

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