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U.S. New Home Sales Pull Back Less Than Expected In September

Por: RTTNews Business October 26, 2022

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The Commerce Department released a report on Wednesday showing new home sales in the U.S. pulled back sharply in September after unexpectedly skyrocketing in August, although the decrease was smaller than expected.The report showed new home sales tumbled by 10.9 percent to an annual rate of 603,000 in September after soaring by 24.7 percent to a revised rate of 677,000 in August.Economists had expected new home sales to plunge by 14.6 percent to... + full article



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