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U.S. new home sales beat expectations; supply near 13-year high
New household product sales increase 1.5{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} in August July revised up Median gross sales price rises 20.1{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} from yr ago WASHINGTON, Sept 24 (Reuters) – Income of new U.S. one-spouse and children houses amplified for a next straight thirty day period in August, but demand for housing has likely peaked immediately after a COVID-19 pandemic-fueled buying frenzy. The report from the Commerce Section on Friday also confirmed the source of new households on the industry final month was the greatest in nearly 13 years, with prices unchanged on a month to month basis. It adopted on the heels of news on Wednesday that revenue of previously owned households fell in…