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New Home Sales Plummet in November 2023

The November release for new home sales from the Census Bureau came in at a seasonally adjusted annual rate of 590,000 units. New home sales were down 12.2% month-over-month from a revised rate of 672,000 in October and up 1.4% from one year ago. For a longer-term perspective, here is a snapshot of the data [...] The post New Home Sales Plummet in November 2023 appeared first on ETF Trends .
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