new homes sales

    U.S. new home sales climb to highest level in a year, led by the South

    By Joseph Lazzaro

    | 12:00PM 11/25/2009
    New homes sales surged 6.2% in October to a seasonally adjusted annual rate of 430,000, the U.S. Commerce Department announced Wednesday, as buyers rushed to take advantage of what many believed would be the end of the $8,000 tax credit for first-time home buyers on October 30. However, Congress...
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