Not So August: Builders, Economists Still See Mediocre New-Home Sales in 2014

New-home sales in August reached the highest annualized pace since 2008. But many builders and economists still expect sales for this year to underwhelm, ultimately either matching or only slightly exceeding last year’s level. The reason lies in the difference between the volatility of monthly ho…

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Not So August: Builders, Economists Still See Mediocre New-Home Sales in 2014

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