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New Single-Family Home Sales Hit Six-Year High

New Single-Family Home Sales Hit Six-Year High

| Sep 26, 2014 | Housing Market

New single-family home sales significantly increased last month to the highest level in over six years. The housing market continues its impressive rebound. New home sales increased 18.0% to a seasonally adjusted rate of 504,000 units. The chief economist at Mesirow Financial, Diane Swonk said, “this is welcome news in an otherwise mixed outlook.  We are still a long way from the housing market recovering from the bust.” More here

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