NEW HOME PURCHASES ROSE MORE THAN FORE CASTED IN SEPTEMBER AS BUYERS TOOK ADVANTAGE OF DISCOUNTED PRICES IN SOME PARTS OF THE COUNTRY!
Sales climbed 5.7% to an annual rate of 313,000. forecast reports by Bloomberg News called for a gain of 300,000.
The data on new home sales showed the median price decreased to $204,000 in September from $228,000 in September 2010.
What did new home sales do in your part of the country?
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