“U.S. new home sales rise to near 14-year high”
September 24, 2020
“Sales of new U.S. single-family homes increased to their highest level in nearly 14 years in August… The Commerce Department said on Thursday new home sales rose 4.8% to a seasonally adjusted annual rate of 1.011 million units last month, the highest level since September 2006. New home sales are counted at the signing of a contract, making them a leading housing market indicator.
July’s sales pace was revised upward to 965,000 units from the previously reported 901,000 units…”
https://www.cnbc.com/2020/09/24/sales-of-new-homes-surgeed-4point8percent-in-august-.html