Sales of homes in US remains strong

Sales of homes in US remains strong
28/09/2016 , by , in INTERNATIONAL

Sales of new houses in the United States remained strong in August, with pent-up demand continuing to absorb everything builders can offer, the Commerce Department reported.

Sales of single family homes last month ran at an annual rate of 609,000 units, down from July’s 659,000, which was the strongest month in almost nine years.

But August’s pace remained well above the average for the past year and was up 20.6 percent from August 2015.

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