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·Confidence 90%

New Home Sales Decline 10.5% Amid Falling Consumer Confidence

Key takeaways

  • New home sales fell 10.5% in August, reflecting a drop in consumer confidence to its lowest level since January, as economic concerns weigh on buyers.

Analysis

New home sales fell 10.5% in August, reflecting a drop in consumer confidence to its lowest level since January, as economic concerns weigh on buyers.

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