(Source: U.S. Commerce Department) – Sales of new single-family homes in the Northeast in October were down 32.3 percent to a seasonally adjusted rate of 21,000, according to the U.S. Commerce Department. September’s revised annual rate was 31,000.
Nationally, new home sales were at a seasonally adjusted annual rate of 368,000 for October. This is 0.3 percent below the revised September rate of 369,000 and is 17.2 percent above the October 2011 total of 314,000.
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