![An exchange showing one hand giving cash to the another for new house and keys, a vector illustration for new home sales. (Photo: AdobeStock)](https://www.peoplespunditdaily.com/wp-content/uploads/2019/03/AdobeStock-145093804-New-Home-Sales-Vector-Illustration-1200x630.jpg)
New Residential Sales Report Surprisingly Solid and Stable
The new residential sales report showed single-family new home were a seasonally adjusted annual rate of 701,000 in September, beating the consensus forecast.
The report is jointly released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD).