US new home sales up 7.5% in October compared to September

Sales of new homes in the United States grew 7.5% in October compared to September, at the seasonally adjusted annual pace of 632 thousand, according to a survey released this Wednesday, 23, by the Department of Commerce of the country.

The result was above the expectations of analysts consulted by the The Wall Street Journalwhich predicted sales of 570,000 units.

The annualized pace of August sales was revised upwards from 588,000 to 603,000 units.

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