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From Home Furnishing Business

FastFact: New Home Sales Surge, but Sales of Existing Units Fall in Q3

A slight drop in existing home sales in the third quarter was more than offset by a 23.1% gain in sales if new single-family homes, according to data from the National Association of Realtors.

The data showed that home sales got off to a slow start in 2016, growing just 1.6% in the first quarter. However, that was followed by double-digit gains in the second and third quarters.

For more information about the Realtors’ data, click here.



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