Core Report | August 25, 2023

Sales of new homes increased in July, climbing to a seventeen month high. New home sales came in at a 714,000 unit rate, up 4.4% from June and up 31.5% from the 543,000 unit rate in July 2022. Year-to-date actual sales of new homes is up 0.2% compared to the same timeframe last year.

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