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    New Home Sales Tick Up in February: NAHB

    Written by David Schollaert


    New, single‐family home sales were up marginally in February, according to a joint report from the US Department of Housing and Urban Development and the US Census Bureau.

    construction3Monthly gains were impacted by high mortgage rates and prices, while rising construction costs were also to blame. Despite dull results, signs point towards improvement later in the year, the report said.

    David Schollaert

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