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New homes sales plunged after 9-year high

September 27, 2016 by Roberto Fernandez Larsson

Single-family new homes sales posted the largest drop in nearly a year in August, but builders say they’re not alarmed.  Sales of newly built, single-family homes plunged 7.6 percent in August to an annual rate of 609,000 units, according to data released by the Commerce Department this week. Despite the drop, it is the second […]

Filed Under: News Blog Tagged With: New homes

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