U.S. new home sales drop to more than 2-1/2-year low

November 28, 2018 admin Business News Comments Off on U.S. new home sales drop to more than 2-1/2-year low

Sales of new U.S. single-family homes tumbled to a more than 2-1/2-year low in October amid sharp declines in all four regions, further evidence that higher mortgage rates were hurting the housing market.

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Source:: Reuters – Business News