The Commerce Department reported Tuesday sales of new single-family homes jumped 16.6% last month to an annualized rate of 619,000 units. The results easily topped the media forecast, as Wall Street was expecting 523,000 units.
The Commerce Department reported Tuesday sales of new single-family homes jumped 16.6% last month to an annualized rate of 619,000 units. The results easily topped the media forecast, as Wall Street was expecting 523,000 units.