The nation’s new home sales slowed in August, though they still remain strong. While sales in the Northeast plunged, they moved higher in the West.
Last month, the sale of new U.S. homes preliminarily totaled 50,000 units, slowing from July’s nearly nine-year high of 57,000 new houses sold.
But despite the month-over-month decline, sales picked up from August 2015, when the new home sales total was a downwardly revised 41,000.
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From:: Financing