fromwww.housingwire.com
2 days agoJanuary new home sales fall 17.6%, weather and rates in focus
Sales of newly built single-family homes fell 17.6% in January to a seasonally adjusted annual rate of 587,000 from a downwardly revised December reading, said Jing Fu, senior director of forecasting and analysis at the National Association of Home Builders, in a brief. The pace of new home sales is down 11.3% from a year earlier.
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