New-Home Sales Fall 8.1% in October
From feeds.thestreet.com
(New-home sales report updated with additional detail and stock prices.)
NEW YORK (TheStreet) -- Sales of newly built homes unexpectedly fell 8.1% in October to a seasonally adjusted annual rate of 283,000 the Commerce Department said Wednesday morning.
The figure came in below expectations for a rate of 314,000 after a rate of 307,000 in September.
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