Sales of new homes slid 0.7% in September to an annualized rate of 701,000, according to the Census Bureau and the Department of Housing and Urban Development. The September pace, falling from August’s downwardly revised rate of 706,000, was 15.5% higher than September 2018 when it was 607,000. New home sales were underwhelming in September, said TIAA Bank EVP John Pataky. […more]
Posted in: San Francisco
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