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Archive | August, 2007

New Homes “Sold” Is Not The Same As New Homes “Closed”

Thursday, August 23, 2007

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With tomorrow morning’s New Home Sales report, markets will get a look at the number of newly-constructed homes sold in July. The figure is expected to be in the 825,000 range.  This is lower than June’s 834,000 figure. But — as always — there is more to the story. When the Census Bureau reports on New [...]

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