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2018/06/29 |
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1 |
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Not available at the moment blondin mortgage company
The number of new homes sold in August was at a seasonally adjusted annual rate of 421,000, up from the revised rate of 390,000 homes in July. That figure is still below the rate of construction needed in a healthy market, according to analysts. Right now, it would take five months to run through the supply of new homes, according to the report. A six-month supply of homes is considered healthy, and the housing market is still facing a shortage of inventory.
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