U.S. New-Home Sales Post Two Best Months in More Than 12 Years

U.S. New-Home Sales Post Two Best Months in More Than 12 Years
(Bloomberg) — Buyers snapped up new U.S. homes over the past two months at the fastest pace in more than 12 years, adding to signs of sturdy housing demand amid lower prices and borrowing costs. Single-family house sales ran at a 733,000 annualized pace in October, topping all estimates in a Bloomberg survey, following an upwardly revised …
News story posted on 2019-11-26T15:33:00.0000000Z