U.S. New-Home Sales Climb to 1 Million Rate, Fastest Since 2006
A multi-million dollar home listed for sale on Seale Ave. stands in Palo Alto, CA, U.S. (Photographer: Michael Short/Bloomberg)

U.S. New-Home Sales Climb to 1 Million Rate, Fastest Since 2006

(Bloomberg) -- Sales of new homes in the U.S. unexpectedly advanced for a fourth month in August to the highest level in almost 14 years as record-low mortgage rates continued to entice buyers into...
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