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US new-home sales up 18 per cent in August as West and Northeast drive buying

2014-09-24 20:01:27| Real Estate - Topix.net

U.S. sales of new homes surged in August, led by a wave of buying in the West and Northeast. The Commerce Department said Wednesday that new-home sales climbed 18 per cent last month to a seasonally adjusted annual rate of 504,000.

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