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U.S. Home Sales Rise in January

U.S. sales of new single-family homes in January were at a seasonally adjusted annual rate of 764,000, increasing 7.9% from December 2019 and 18.6% higher than the comparable month last year.  The seasonally adjusted estimate of new homes for sale at the end of January was 324,000, representing a 5.1-month supply at the current sales rate.  See U.S. Census Bureau

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