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Friday, November 22, 2024
HomeNewsEconomyNew Home Sales Beat Median Forecast in November

New Home Sales Beat Median Forecast in November

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(Photo: Reuters)

The Commerce Department reports sales of new home sales rose 5.2% last month to an annualized rate of 592,000 units, beating the forecast for 575,000 units.

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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