New Home Sales Surge In September

New home sales surged in September, posting the best numbers since April 2010 when the federal homebuyer tax credit was still boosting sales. Sales of new homes were up 5.7% from August and 27% year-over-year since last September. These numbers continue the pattern of strengthening sales numbers. Coupled with other factors such as low inventory numbers and mortgage rates, they add to the growing belief that the recovery is now solid. Click here to read more about September’s numbers and other market indicators.

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