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New Home Sales Back To 1995 Levels

This is a syndicated repost published with the permission of Snake Hole Lounge. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

New home sales are out for August and saw a decline of -3.45% MoM.

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This puts new home sales back to 1995 levels.

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While US homeownership is still below 1995 levels.

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Although the median price of new home sales have grown since 1995. Up since 1995 by a factor of 2.35.

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