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Posts published in “the Department of Housing and Urban Development”

New-home sales plunge 10.5%, fall below expectations

Sales of newly built single-family homes declined during January, falling well below consensus estimates, according to data released Wednesday by the U.S. Census Bureau and…

New home sales rebound in July as prices surge

Sales of newly built single‐family homes hit a seasonally adjusted annual rate of 708,000 in July, up 1 percent compared to the revised June rate…