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US New-Home Sales Decline In September

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 27, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Newly built home sales, which make up 7.8% of the housing market, dropped to near a one-year low last month following two consecutive months of gains. According to the Commerce Department, sales plunged 11.5% to a seasonally adjusted annual rate of 468,000 units, the lowest level since November 2014. Moreover,[​IMG]

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