New home sales surge in October

Written By kolimtiga on Rabu, 04 Desember 2013 | 23.50

New homes

New home sales rose 25.4% in October. (Chris O'Meara / Associated Press)

By Andrew Khouri

December 4, 2013, 8:02 a.m.

New home sales shot up in October, evidence that buyers nationwide may be absorbing higher mortgage interest rates.

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