New home sales surge in August as rates tumble

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New home sales surge in August as rates tumble

New home sales surge in August as rates tumble

  • TV-G
  • 2019
  • 1mins
Sales of new U.S. single-family homes rebounded more than expected in August the latest sign that the struggling housing market was starting to get a lift from lower mortgage rates. Conway G. Gittens dives into the numbers.