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Feb 25, 2017 New Home Sales in U.S. Spike 6.1 Percent in February

Alan Bermudez

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According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes continued to expand, rising 6.1 percent in February to a seasonally adjusted annual rate of 592,000 units. “February’s increase in new home sales is consistent with builders’ growing confidence in the housing market,” said