JULY SALES OF NEW HOMES SURGE 13.9%, FAR MORE THAN THOUGHT
Aug 29, 2020
2 minutes
Sales of new homes jumped again in July, rising 13.9% as the housing market continues to gain traction following a spring downturn caused by pandemic-related lockdowns.
The Commerce Department reported that July’s gain propelled sales of new homes to a seasonally-adjusted annual rate of 901,000,
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