New Home Sales Soar to Highest Level Since 2007

New Home Sales Soar to Highest Level Since 2007

JohnnyH5/iStock The numbers: Sales of newly-constructed homes in the U.S. soared 7.9% on a monthly basis in January to a seasonally-adjusted annual rate of 764,000, the government reported Wednesday. That figure represents the highest pace of new home sales since July...
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