U.S. New Home Sales Reach 14-Year High in 2020According to news from the World Property Journal, sales of newly built, single-family homes in August 2020 reached their highest pace since September 2006, raising the August rate 43.2 percent higher than the August 2019 pace.
"New home sales are now 15 percent higher on a year-to-date basis, with gains in all regions," said NAHB Chief Economist Robert Dietz. Read more from World Property Journal here.