Sales of New Homes in U.S. Unexpectedly Climb to Five-Year High

Purchases of new U.S. homes unexpectedly climbed in January to the highest level in more than five years, showing underlying strength in the industry even in the midst of unusually harsh weather. Sales increased 9.6 percent to a 468,000 annualized pace, exceeding the highest estimate of economist…

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Sales of New Homes in U.S. Unexpectedly Climb to Five-Year High

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