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Sales of New Homes in U.S. Increased to Two-Year High in May
Bloomberg Daniel Acker/Bloomberg New home construction in Elgin, Illinois. Demand for new US homes rose more than forecast in May as mortgage rates dropped, bolstering the residential real-estate market while other parts of the world's largest economy cool. New home sales race to two-year high in May New-home sales rose at fastest pace in two years New Home Sales Reach Two-Year High as U.S. Rates Fall: Economy |