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New Home Sales Rise But Miss After Dramatic Downward Revision

Wednesday, October 26, 2016 9:38
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zerohedge.com / by Tyler Durden / Oct 26, 2016 10:10 AM

Thanks to a dramatic downward revision for August (from 609k to 575k), September’s 593k new home sales rose more than expected (but was below expectations of 600k). The pickup in September demand was helped by an8.6% gain in the Midwest and a 3.4% increase in the South, but sales fell 4.5% in the West.

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The post New Home Sales Rise But Miss After Dramatic Downward Revision appeared first on Silver For The People.

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