New Home Sales Soar to Decade High

It’s been a decade since the pace of new home sales was as strong as it was last month. The biggest month-over-month increase was in the Northeast.

On a preliminary basis, sales of new privately owned single-family houses totaled 52,000 units during all of September 2017.

That brought the number of new residential properties sold during the first-nine months of this year to 474,000.

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From:: Financing