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New Home Sales Fell 8.9% in October

New Home Sales Fell 8.9% in October

Washington, DC, November 28, 2018-Sales of new single-family houses in October 2018 were at a seasonally adjusted annual rate of 544,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 8.9% below the revised September rate of 597,000 and is 12.0% below the October 2017 estimate of 618,000.