Sales of new single-family houses in October 2018 fell 8.9 percent from September and 12.0 percent year-on-year to the lowest rate in nearly three years, or an annualized rate of 544,000 units. Meanwhile, inventory rose to 7.4 months, the highest level in 7.5 years.
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Wednesday, November 28, 2018
October new home sales declined 8.9 percent from September and 12.0 percent year-on-year
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