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November 27, 2020

New home sales steady in October

CHARLOTTE, N.C. (AP) — Sales of new homes remained steady in October to a seasonally adjusted rate of 999,000 units.

While the Commerce Department said October new home sales were down 0.3% from September, the government revised up its September marginally. In all, the figures did not change much from the previous month, a sign that sales of new homes is remaining steady despite the home-buying season now entering the fall.


 
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