U.S. New Home Sales Edge Up By 0.7% In October

Posted on Nov 26, 2014

New home sales in the U.S. saw a modest increase in the month of October, according to a report released by the Commerce Department on Wednesday. The report said new home sales rose by 0.7 percent to a seasonally adjusted annual rate of 458,000 in October from the revised September rate of 455,000.

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