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Last updated on May 26, 2012 at 17:19 EDT

U.S. New Home Sales Up in September

October 27, 2005
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U.S. sales of new one-family houses in September rose 2.1 percent above the previous month’s level, the Census Bureau said Thursday.

Last month’s sales came in at 1.222 million compared to 1.197 million in August.

Economists had expected September to bring stronger sales, with many predictions around 1.25 million.