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New Home Sales Rise in August by Largest Amount in 5 Months , i; D% ?4 n5 @3 p b
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% g4 A* Y$ C/ _- H0 EWASHINGTON (AP) -- Sales of new homes posted the biggest increase in five months in August, raising hopes that the steep slide in the housing industry may be leveling off.3 k( k4 C- q, _' G: U, Q
Sales of new single-family homes increased by 4.1 percent last month to a seasonally adjusted annual rate of 1.05 million units, the Commerce Department reported Wednesday. It was the biggest increase since an 8 percent gain in March. |
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