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US new-home sales rise to highest in over a yr due to limited resale market
The data showed there were 437,000 homes for sale as of the end of last month. That represents 7.3 months of supply at the current sales rate, matching the lowest since early 2022
US home resales post unexpected rise in September
Sales increased in the West by 3.3% and in the Midwest by 1.6%
US existing home sales unexpectedly rise in May
The number of homes on the market rose 2.1%, but supply was down 8.4% from a year ago
