New York covid-19 infection Department New York

Sales of new homes surgeed 4.8% in August

Reading now: 144
www.clickorlando.com

NEW YORK – Sales of new homes rose by a very strong 4.8% in August to a seasonally-adjusted annual rate of 1.01 million units.

The gains reported Thursday by the The Commerce Department follow steep declines in March and April when COVID-19 infections spread in the U.S.

That pace picked back up in the summer, driving home prices in many places to record highs. The median price of a new home sold was $312,800, according to the Commerce Department.

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA