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US new home sales rise to highest level in more than a year

Sales of new U.S. single-family homes rose to their highest level in more than a year in July as a drop in mortgage rates boosted demand, offering more evidence that the housing market is recovering.

Posted by Hicham ALAOUI RIZQ on 2024, Aug 23

Introduction

Sales of new U.S. single-family homes rose to their highest level in more than a year in July as a drop in mortgage rates boosted demand, offering more evidence that the housing market is recovering.

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