After leading the rate of new home sales lower in August, the Northeast was out front of a month-over-month and year-over-year gain last month. Home prices climbed.
There were 46,000 new houses that were sold during September. That turned out to be a thousand fewer property sales than the prior month’s downwardly revised level.
But the sale of new houses exceeded the volume reported for the same month last year, when there were a downwardly revised 35,000 transactions that were closed.
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From:: Financing