New Home Sales Unexpectedly Tumble In September

WASHINGTON (Reuters) - Sales of newly built U.S. single-family homes unexpectedly tumbled 3.6 percent in September in their first drop since March, but the inventory of new homes available at the end of the month shrank to the smallest in 27 years, government data showed on Wednesday.

Sections:  news   business   
Topics:  housing market   new home sales   september   
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