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Day: January 29, 2022

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Category: Money

New-home sales show housing ready for rescue role

Posted On January 29, 2022 By Clyde Pellerincomment

Sales of new houses in August rose to 1.001 million at a seasonally adjusted and annualized pace, the Commerce Department said on Thursday – the first time the number has broken 1 million in 14 years. The number shows that while other sectors of the economy are soft, housing is ready to play its traditional […]

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