New-home sales unexpectedly jump to highest level since 2007

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U.S. New home sales unexpectedly Jump To Ten-Year High In October. With the unexpected increase, new home sales reached their highest annual rate since hitting 727,000 in October of 2007. The unexpected jump in new home sales was partly due to strength in the Northeast, where new home sales spiked by 30.2 percent to a rate of 56,000.

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Purchases of previously owned U.S. homes unexpectedly rose in July to the highest level since February 2007. home sales, tabulated when a purchase contract closes, account for more than 90 percent.

New Home Sales Rise to Highest Level Since 2007 in World Economy News 23/08/2016 Sales of newly built homes rose in July to the highest level in nearly a decade, a sign of solid momentum in the U.

US existing home sales increased nearly 10% from August to September, and sales activity is at its highest level since July 2007, the National Association of Realtors (NAR) said. September marks.

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Sales of previously owned U.S. homes unexpectedly increased in November to the strongest level since early 2007, ahead of a jump in borrowing costs, National Association of Realtors data showed.

New home sales unexpectedly jumped in March, according to the Department of Commerce. Sales of new single-family houses rose 5.8% at a seasonally adjusted annual rate of 621,000, the highest since last August. Economists had forecast that new home sales fell by 1.4% at a seasonally adjusted annual rate of 584,000, according to Bloomberg.

Sales of previously owned U.S. homes unexpectedly increased in November to the strongest level since early 2007, ahead of a jump in borrowing costs. of skilled labor and available lots in the.

Sales of U.S. single-family homes unexpectedly rose in October, reaching a new milestone and offering a boost to the housing market. New Home Sales Just Hit Their Highest Level in a Decade Subscribe

Sales of previously owned U.S. homes unexpectedly increased in November to the strongest level since early 2007, ahead of a jump in borrowing costs. of skilled labor and available lots in the.

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The Commerce Department said on Monday new home sales increased 6.2 percent to a seasonally adjusted annual rate of 685,000 units last month. That was the highest level since October 2007.