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New Home Sales Hit 3-Month Low

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 26, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    New US single-family home sales unexpectedly fell in March, but the decline was mainly concentrated in the West region, implying that the housing market continued to strengthen. According to the Commerce Department, sales of newly built homes in the US unexpectedly dropped 1.5% to 511,000 on an annual pace, reaching[​IMG]

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