The Housing Chronicles Blog: August new home sales dropped to 8-month low

Tuesday, September 26, 2017

August new home sales dropped to 8-month low

Sales of new single-family houses in August 2017 were at a seasonally adjusted annual rate of 560,000, the lowest level in eight months. This is also 3.4 percent below the revised July rate of 580,000 and is 1.2 percent below the August 2016 estimate of 567,000.

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