Industry NewsMarkets & Economy

New-home sales ease up from record low

The West sees biggest sales drop in September
Published on Oct 27, 2010

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by CareyBot

Sales of new single-family homes rose 6.6 percent in September from a record low in July and August, the U.S. Department of Housing and Urban Development and Census Bureau announced today.

The agencies estimated that last month's sales were at a seasonally adjusted annual rate of 307,000, up from August's estimate of 288,000, but down 21.5 percent from September 2009.

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