US new home sales jump to 13-year peak
Economies.com
2020-02-26 16:09PM UTC
The U.S. Department of Housing unveiled today that the new home sales reading in January rose to nearly 13-year high.
The new home sales index rose by 7.9% to 764 thousand housing units in January, which is the highest level since July 2007.
The average sales price rose by 14% to $248.2K in January 2020, from the same month of 2019.
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