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US: New Home Sales Surge by 14% in September

Adel 26 October, 2021 6:19 pm Market Update

New Home Sales in the US surged by 14% in September compared to a contraction of 1.4% in August, the data published by the US Commerce Department revealed on Tuesday. This reading surpassed the market expectation for an increase of 1.5% by a wide margin. the median sale price rose by 18.7% on a yearly basis to $408,000.

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